Post
Topic
Board Economics
Re: Tokenization of real-world assets
by
dothebeats
on 04/01/2019, 15:43:39 UTC
This is just another version of derivatives for the US stocks, using the term 'digitization' to make it look appealing and fresh to the public. While I've nothing against the development of cryptocurrencies, blockchain and the financial system in general, it seems to me that the capitalists are piggybacking the fame of the said tech to garner more interest and support on their already-dying assets. This will be a hit, but once the hysteria fades, expect yet another gruesome correction and crash thereafter.