/biz/ - Business & Finance

> tfw Larry wanted us to make it this whole time
> tfw it's our government trying to keep us from making it

>>58094614
>Sergey is going to give us tokenized shares in Blackrock for being based and redpilled early stakers
holy shit. I always believed, Sergey!

>>58094614

>>58094775

>>58094775
>>58094784
>https://chain.link/thefutureison

How is this a good thing? Next week Reuters will release a blockchain information network called "Linkchain" and the global finance world will start using it.

>>58094749
I honestly never understood why people hate on blackrock. The seethe is mostly from scammy fund managers who take a 5% yearly fee for investing your money in the fucking S&P 500 and Larry just said "uuuh I think we can do this basically for free". Granted, now they are basically the government and are deciding regulation and using their connections for their own advantage but who cares, they basically made passive investing viable for even the biggest poorfags and took away the jobs of retarded money managers who just take money from people who dont know better and invest it in an average index

this smells like enterprise blockchain 2.0. everyone will forget this in a year

>>58094936
Nah tokenization is actually quite big, but it's firms like BlackRock doing it instead of banks because banks have a monopoly on securitization. If you've built a medium sized company and now want to raise capital or exit, you go to an investment banker who does it for you with a team of 20 lawyers and they take a nice 10% cut of the raised amount. But they kinda have to, because it's giga shitty and complicated. Now imagine you don't have to do that, you just mint some tokens on a platform, where everything is legally secured and all participants are white listed. Now the fee will probably be like 1% and it takes a day instead of a year. That's what they are going for. But they're starting with easy stuff, tokenizing already existing securities and/or digital assets.

>>58094936
>>58095063
not only that, but its for more liquidity (read extraction of money) from retail.
Individually investing and researching stock is hard and thats why retail doesn't do it -> this resulted in the creation of trusted funds
Now, today, most normies are too financially illiterate to even invest into pooled giga portfolios and this once again spurs institutions and banks to create an easy open entry for retail to invest (read give money) to them.

Tokenization means nothing more than making everything a stock that can be speculated on. Everyone will be able to spin up investment on anything they want to.

A normie example would be something like, being able to invest into an artist via "donations" that would give you tokens of ownership on that artists productionship. Then, if that artist blows up, your token share is now worth more or you can get dividends.

>>58094614
BUY A FUCKING AD.

>>58094749
TFW BLACKROCK ARE MIN 7 YEARS BEHIND THE INTERNET HATE MACHINE.

And what will be the decentralized oracle network that will power the tokenized asset fund on ethereum with real world data? Maybe some mistery swift wonder boy's creation?

>If Only You Knew How Good Things Really Are

>>58095063
>>58095120
I know there's a billion projects promising tokenized real world assets but this is why I'm all in on DUSK.

>>58094936
So it's gonna stay forever, thank for the signal

>>58094614
>BUIDL
>HODL
Larry is a /biz/fag. Has to be
>mfw blackrock waa really just a late 80s asset management knockoff of blackstone group who started from the bottom and became a true-to-life rags-to-riches story
>mfw ESG was purely a philanthropic approach to making the business world a more approachable one and not the evil, greedy empire that many depict it as. Even Fink says ESG needs reassessment because of the war on "woke" culture
>mfw Fink will replace Musk as our new memecoin savior with BUIDL. DOGE and Elon will therefore become a distant memory
WAGMI /biz/bros. I can feel it in the air, on the land, on sea and foam!

>>58094749
TRULY THIS JEW IS MY GREATEST ALLY HAIL ISRAEL

I PLEDGE ALLEGIANCE TO THE UNITED STATES OF ISRAEL AND TO THE SHEKELS FOR WHICH IT STANDS ONE NATION OVER GOYIM

>>58095063
>>58095120
Good posts

>>58094839
When Fink comes on national TV and says
>we need more immigration, 3.5 million in a year is not enough!!!
That's when I start to hate him

>>58095063
This is beans compared to LINK's AI applications btw.
EVERY profession will use AI in the near future. And EVERY AI will need real-time, trustless, decentralized data. So EVERY profession will be using LINK. This may sound schizo but I am not joking. SN scratched the surface when he talked about tokenizing cars.

>>58094614
I never doubted for a second.

Sergey is the wonderboy of crypto.

>>58094812
hahahahahahaha

>>58094614
Yeah, the fucking jews mf are spreading Eth FUD while accumulating and the goldfish are falling for it all over again baka.