Seems like saylor is also trying to legitimise using bitcoin network for tokenisation of stock/bonds/whatever
🤦
I don't get it to be honest. It doesn't seem to matter ultimately even if it's stored in bitcoin network if at the end of the day the decision of whether the token that represent the stock/bond/whatever gonna be honored or not depends on central authority.
It will have big issue just like USDC where the token will easily lose its value because the dollar at the end of the day is saved in a bank that can go bankrupt. So the peg isn't guaranteed.
