Post
Topic
Board Economics
Merits 9 from 4 users
Topic OP
Why we want btc etf and bakkt?
by
Tytanowy Janusz
on 30/12/2018, 09:35:46 UTC
⭐ Merited by dbshck (4) ,LoyceV (2) ,Halab (2) ,xandry (1)
Crypto is new technology. Our tokens are a dozen times better than stocks, contracts etc. Why we are struggling with implementing new technology into old technology hoping that old technology influencers will let us in just because they are old guys with money. Tokens are new technology.

I made this topic to start conversation about showing middle finger to old technology with old guys on board. We need them only for volume. We don't need to hear all the time "we will let your new technology to be trade on our old technology platform by old technology assets but not today ... maybe tomorrow... maybe next year"

What you think?
If fund managing cryptocurrencies, or big crypto exchange would implement facebook token - token like tether but backed not by USD but by facebook shares. We will be able to invest in facebook on binance using eth/bitcoin/usdt or even $ in the future. What about tokenizing whole NYSE, German DAX, NIKKEI, everything ... even polish WIG (all shares, indeks, materials etc). Stock by stock. We will be able to invest in every asset by buying simple token on crypto exchange by universal currency - bitcoin.

Personally i would love that. My broker in my country allowed me to invest only in regional shares. To invest in foreign asset i have to create special account with other broker with huge fees what makes it unprofitable to invest (not saying a word about daytrading). I think it would help crypto hundred times better than pushing new technology into old technology guys hoping that they will invest into new technology using old technology assets... its stupid. Let them invest in old technology assets by our new technology.

Lets create here possibility for everyone to trade on any asset. That will make not only crypto enthusiast to invest on crypto exchanges but also regular investors willing to invest in foreign shares, materials with lower fees. That will make whales from old technology came to us and say "teach us this new technology ... we are ONLY old guys with money"

Just imagine your portfolio based on:
Etherum, bitcoin, US facebook, google, amazon /German BMW and Mercedess / Russia Gasprom / gold, silver / Japaniese Toyota. Everything you will be able to buy on binance and store on trezor/ledger.