The market for the digital items plummeted after their glory days in 2021 and 2022, and they’ve proven to be not only an artistic and aesthetic disaster, but a shortcut to financial ruin
Ethereum has the potential to carry real world assets on its chain. Why does an share of stock have to go through a clearing house when it could be an L2 on ethereum? A company having a total of 1 million shares is no different from a L2 coin having a total number of 1 million coins. They can even be fractional too.
Literally every cryptocurrency supports this. But if the real world assets can be seized with a court order, then what’s the point of a blockchain and not just a legally compliant database?
I’d wager even the 1% is the stereotypical “solution in search of a problem”. Seems to be a reoccurring theme as of late in the tech industry.
the 1% is the one the people who say “well, sure, 99% is a scam, but theres a legit 1% thats totally real!”
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.
Ethereum has the potential to carry real world assets on its chain. Why does an share of stock have to go through a clearing house when it could be an L2 on ethereum? A company having a total of 1 million shares is no different from a L2 coin having a total number of 1 million coins. They can even be fractional too.
Literally every cryptocurrency supports this. But if the real world assets can be seized with a court order, then what’s the point of a blockchain and not just a legally compliant database?
but like, man, like… its totally new, like, and like, totally amazing man. you just, like, cant comprehend, man!