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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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8277137 No.8277137 [Reply] [Original]

The marketcap = tokenized assets thing is a meme. The token is publicly tradeable, meaning the market will decide its price. They can’t hardcode or set the price of the token now it’s out there, how do people think the marketcap will magically rise with tokenization?

>> No.8277169

are you saying when I put this in my hardware wallet I won't be able to lock the price in like I can with my other investment coins?

>> No.8277199

>>8277137
another goddamn jib thread. piss off already cunts

>> No.8277306

>>8277137
They buy when anyone sells at a price that would mean insolvency for the amount they hold which results in them holding more while still being solvent despite a price decline with the absolute bottom being the DAO or it's equivalent holding the entire supply and refusing to sell below solvency price.

>> No.8277329

just trying to figure out how it works by reading the whitepaper. admins on telegram weren't really decisive with their answer regarding this