/biz/ - Business & Finance

[Anonymous No.55475112]

You realize everything will eventually be tokenized on the blockchain, right? And I mean everything. Your house, your car, your clothes, your rolex. You'll be able to take a collateralized loan on your house with no intermediaries on NFT lending platforms. You'll be buying tokenized stocks and precious metals on Uniswap.

I believe this happens before the end of this decade. You may think you're in a trillion dollar market, but you're actually in a hundreds of trillions of dollars market.

[Anonymous No.55475122]

Solution looking for a problem

[Anonymous No.55475159]

>>55475122
Have fun missing out

[Anonymous No.55475656]

>>55475112
creg is that you?

[Anonymous No.55475734]

>>55475122
The problem is centralization being corruptable in every isntance.
E.G banks after the 2008 crisis seizing homes they had no right over. Just printing little bits of paper and then dragging the owners to court for years.
Or dupont, whose former employees were on the board of the regulatory body overseeing them which changed the toxic limit for long-chain fluorides in the middle of a class action suit, which settled for only $100m while they were making billions per month.
Or any of the banks and hedgies which regularly engage in corruption to the tune of billinos while only paying millions in fines(bribes) for their criminal activity.
These are the problems

[Anonymous No.55475743]

I don't have a penny in crypto; I'm just here for the Snood.

[Anonymous No.55475753]

lol no

[Anonymous No.55475767]

>>55475112
There is absolutely no compelling reason for this to occur.

[Anonymous No.55475785]

>>55475112
yes we all realized that in 2017. youz a bit late with your realizationz fren

[Anonymous No.55475825]

>>55475112
Distributed blockchains make fraud much, much, more difficult, and private blockchains may as well be SQL with extra steps. No way this happens with kikes still in charge

[Anonymous No.55475926]

>>55475112
>tfw muh imaginary tokenized waifu had niggerdick nft's in her wallet

[Anonymous No.55476165]

>>55475112
Nothing will be tokenised on the blockchain. Everything will be tokenised on The Hashgraph

[Anonymous No.55476264]

>>55475112
Based snood luster

[Anonymous No.55476278]

>>55476264
Imagine being so snoodful that you attract a cult following in a series where you're not even the lead

[sage No.55476294]

>>55475112
So what? The tokenization itself wont add any value.
It's not because your shitoken collateralize assets that your shitoken is any more valuable.
It's like saying you are bullish on paper because mortgage contracts are written on paper.

[sage No.55476311]

>>55476278
What's sad is if she was a male she'd be a 2/10 freak every girl would avoid like plague.

[Anonymous No.55476431]

>>55475734
Corruptibility is a feature not a bug, look how profitable the examples you mentioned were
If the people were capable of adopting a new solution out of their own self-interest, they would have by now.

[Anonymous No.55476671]

>>55476431
>Corruptibility is a feature not a bug, look how profitable the examples you mentioned were
Exactly.
Decentralization fixes this.

[Anonymous No.55476912]

>>55475112
the only thing that needs a blockchain is money, for the rest, regular markets work very well, and physical things especially don't need any token because there is no link between digital and physical (chainlink isn't a solution)

[Anonymous No.55477051]

>>55476671
I don't think you understand, no one WANTS to fix this. There's no desire for the "solution," not from the people at the top profiting, and not from the people at the bottom who are too apathetic to even switch banks from Chase to a local credit union let alone some techno-libertarian nerd's unstable software that doesn't even have a customer service hotline.
It's fine if you're really that much of a true believer, nothing's stopping you from using decentralized cryptographic services where you'd normally use centralized ones. However, I think you're just hoping there's going to be another 100,000x comeup from a 'decentralized revolution." It'd be less insane for you to propose building a time machine so you could buy bitcoin in 2011 than to say that some shitcoin will topple Bitcoin because billions of people will suddenly become interested in self-custody of their money and information

[Anonymous No.55477528]

>>55475112
This is already happening on Avalanche's subnets
>>55475743
>I would destroy her pussy

[Anonymous No.55477549]

>>55475112
Avalanche is the most suitable platform for real-life assets tokenization btw, alongside LINK oracles, you have the God Protocol, something completely unparalleled, skyrocketing crypto normie adoption in the process.

[Anonymous No.55477721]

>>55477051
>meme FUD
This does not require hope. The opposite is true and it is centralization which requires hope. Decentralization is inevitable. I'll explain how.
All centralized services will fail over time. This is guaranteed, historically speaking. As they fail, new services pop up. Always with the same inherent problem which is ignored during their benevolent, reputation-building phase when they offer far better services and prioritize the customer more. (This can be seen with services such as ebay, amazon, paypal, uber etc.) The people at the bottom are not apathetic during this phase, they are beyond excited. Hyped if you will. Here is someone who is worthy of their trust at last. The skeptics who will never trust, simply know they can benefit from this phase and join in.
Over time the centralized service falls prey to the same problems that every other centralized service throughout history has fallen to. And the customers, outraged, seek better services. If there are none, as is the case with banks or monopolies, that is when they become apathetic. Reaching a consensus that all are equally corrupt and there is no hope. This is not because they are stupid as most like to believe, only highly demotivated because there is no viable solution that does not require trust which they know will eventually be exploited.
Now here is a solution. A solution that most do not know about but will become increasingly aware of. A solution so potent that the only way to attack it is by association as you, yourself did. When decentralized services reach the necessary development appropriate for common use, customers will flock to it. Not only because it offers better service, but because it has a guarantee that no other service can, or is willing to, provide.
This means that those at the top will simply have to use these systems. Because they will have no choice if they wish to engage with the bottom.
>tl;dr Decentralization is inevitable.

[Anonymous No.55477726]

sounds shit, ill pass

[Anonymous No.55477780]

>>55477721
the only centralized "service" failing is money and to a lesser extent current governments

[Anonymous No.55477843]

>>55477780
>to a lesser extent current governments
>to a lesser extent
Kek, no. The government is one of the first to be corrupted always. They wield to much power not to be the highest value target next to the financial targets.
All centralized services are failing. Every centralized service is weak to corruption if it is beneficial to corrupt.
Simply because the law-abiding are handicapped against the criminal in every instance.
There is no centralized regulatory body that is safe from blackmail, bribery, or murder and the "protection" against such corruption is punitive, not preventative. Meaning the corruption must take place and be exposed for any action to be taken against the corrupt.
There are exceedingly few people who do not have a price, whether in money or blood.

[Anonymous No.55477846]

>>55477721
>A solution that most do not know about but will become increasingly aware of.
>
Now here is a solution. A solution that most do not know about but will become increasingly aware of. A solution so potent that the only way to attack it is by association as you, yourself did. When decentralized services reach the necessary development appropriate for common use, customers will flock to it.
This is my favorite cope from pseud zoomies like you that didn't live through the dot com bubble. In the 10 years the world wide web went from some protocols Tim Berners-Lee implemented over the internet to something hundreds of millions of people used every day, with real utility.
Well, it's been about 15 years between the development of blockchain as a protocol, with decentralized computational chains like ETH coming up on a decade of use, and now, and people are still claiming "we have yet to hit mass adoption!" Will another decade help make people aware? How many more superbowl commercials do you need? How many more sports stadiums have to be rebranded to crypto exchange names for people to become more "aware?"
Crypto is and always will be a little grey market for the somewhat technically savvy to trade speculative assets.

[Anonymous No.55477855]

>>55475112
>put house on deed on blockchain
>become senile and forget password
Perhaps go to /pol OP, you will find more responsive low IQ anons for your shitposting.

[Anonymous No.55477858]

>>55477843
compared to money, governments are a lesser problem, problems happen because of how money currently "works"

[Anonymous No.55477868]

>>55477846
>dotcom
>15 years
>superbowl
Can you be any more memetic?
You have presented no arguments against anything i have said.

[Anonymous No.55477887]

>>55477858
>compared to money, governments are a lesser problem
I disagree. Central government is always the problem as it is their responsibility as the supposed authority to set monetary policies.

[Anonymous No.55477931]

>>55477868
My argument was against your assertion that people do not know about crypto. They certainly do, it's existed for a decade and a half and has been heavily in the public eye for the last six years now. We also know from the previous implementation of a new technology that a timescale of five or six years is all that's really needed for that new tech to catch on. And despite this, we have not seen adoption of any useful functions besides peer to peer bankless payments which bitcoin solved in 2009.
If this translates to "memes" in your disordered jumble of a mind, I can't help you understand

[Anonymous No.55477955]

>>55477931
>My argument was against your assertion that people do not know about crypto.
I did not say that.
>We also know from the previous implementation of a new technology that a timescale of five or six years is all that's really needed for that new tech to catch on
It took 1,000 years for fiat to become adopted.
>we have not seen adoption of any useful functions besides peer to peer bankless payments
>we
No u
You clearly have a bias and you are determined not to learn and instead remain ignorant. Do not worry. There will always be luddites. My uncle for instance only recently opened a bank account after receiving pay in the mail for his entire life.
>I can't help you understand
This is your bias. It is not me who lacks understanding. It is you.
There is nothing further to be discussed as you have went off topic.

[Anonymous No.55478545]

>>55477955
>>My argument was against your assertion that people do not know about crypto.
>I did not say that.
So, this is not you?
>>55477721
>Now here is a solution. A solution that most do not know about but will become increasingly aware of.
That was your post, right? Poster with ID HGcE74EN?
You thirdies need to learn that pretending like you didn't say what you said and trying to gaslight someone into thinking you were talking about something else, isn't a good debate tactic. Maybe it's because you're drinking dirty water and it's giving you all brain parasites or something, but that won't work on someone with a first world diet and hygiene who browses on a PC and not a $20 curryphone

[Anonymous No.55479308]

>>55477855
kek