I think we will see much much more of this. But it is interesting to me to see if this ultra organic asset with a real limited and known supply will be endlessly manipulable like paper gold.
The asset itself is as hard as can be, but there are ways.
Easy naked shorting, for example. Or paper buildings built on top a hard foundation, maybe. Options, futures, all kinds of derivatives. Or ETFs built on top of
that, possibly. How peculiar that the only ETFs approved in the USA are paper based. Because regulated market safu, of course.
This is a new frontier, I think. A fun time to be alive for sure.
How to disagree on this?