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How do you feel about the tokenization of assets? When considering the Bitcoin blockchain's superior ledger technology, it makes sense to me that we could use blockchain to track the ownership of assets (stocks, real estate, commodities, etc.) and transactions in a similar way.

This seems like a more efficient way to trade assets compared to the more centralized systems we currently use.

The question for me is whether this tokenization could be done on top of the Bitcoin blockchain and if centralized parties could be removed from the process altogether.

#bitcoin #assets #tokenization #decentralization

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Svoboda 1y ago

Doesn't really matter how any of us feel about it... it's happening.

That said, companies doing it like BlackRock and the other tradfis will be very unlikely to do it on Bitcoin. They will want to leverage the technology while maintaining control so they'll likely use permissioned chains. This will allow them to drop fees in their smart contracts if they do allow "peer to peer" trading.