Non tradfi people talk about tokenizing stocks on bitcoin layer 2s and I vaguely remember something about inscription tokens like runes or brc20 as well.
However, from what JPM and other behemoths have hinted at via pilot programs, stocks will likely be tokenized on eth for US markets— unclear if on private layer 2s or main chain.
I’ve heard the same things, and wouldn’t be surprised if it started out on ethereum or solana.
But I also think that it will eventually happen on Bitcoin… and will be laughably clunky and difficult to use initially, but then will become the worldwide standard.
Similar to the progression of bitcoin itself, nostr, and other open source projects.
I tend to agree with that. Getting tradfi on 24/7 token markets is going to be really interesting if there are no circuit breakers and there is global access. Will stocks and other investment instruments collapse as easily as yield farming gaming tokens tend to collapse on eth? What happens when people take on GameStop-like behavior to address unethical companies and financial tactics?
I think bitcoin will eventually create a less speculative and less leveraged society. Less, but higher quality businesses. Less trading. More shrewd and real investments, rather than the current fiat-driven market dynamics.
Agree 100%, the transition will be fireworks though!
I agree and hope so 🤞
💯, it's one of the properties of increased transparency - less volatility, less speculation, more value based on real, tangible things.
Keynesian economists wont believe it.
Agreed.
It will take a generation, at least, to implement.
Real investments?
Nah
Why would anyone “invest” in anything that is trending towards 0.00 sats
If your money is gaining purchasing power then there should be no reason to ‘invest’ in well…. Anything lol
