Tokenization of off-chain things trust-minimizes only transfer of title. Short of entangled proplets
http://www.fon.hum.uva.nl/rob/Courses/InformationInSpeech/CDROM/Literature/LOTwinterschool2006/szabo.best.vwh.net/proplets.html …
it doesn't do anything about actual control of the actual off-chain assets; it doesn't even guarantee respect for the title. h/t @eric_lombrozo's tanks.https://twitter.com/brucefenton/status/992023735141101569 …
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Replying to @MrHodl @NickSzabo4 and
Tanks can kill people whether they posses a paper certificate or the keys to a token — with a token it’s much harder for a 3rd party to sieze.
1 reply 0 retweets 2 likes -
Replying to @brucefenton @MrHodl and
Not at all physically harder to seize, but possibly harder to defend the seizure if hauled into court, assuming court grants some authority (or at least some evidentiary weight) to the token record.
2 replies 1 retweet 7 likes -
Replying to @NickSzabo4 @brucefenton and
In short, tokenized off-chain things are radically different, and radically weaker, and far more dependent on legal and political winds, than on-chain cryptocurrency.
5 replies 19 retweets 52 likes -
Replying to @NickSzabo4 @brucefenton and
Mr.Hodl 🌕 🍿 Retweeted Joe Weisenthal
Mr.Hodl 🌕 🍿 added,
1 reply 0 retweets 4 likes -
Replying to @MrHodl @NickSzabo4 and
@TheStalwart I think twitter is shadow banning you. "tweet unavailable."2 replies 0 retweets 3 likes
On mobile. Got the same notice on first click, second loaded it. Curious. Semi shadow block? Lol
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