Is there any application of blockchain, other than money, that is more important than tokenization? Ultimately it feels like blockchain really is the internet of value, be it native or a digital representation.
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এই থ্রেডটি দেখানধন্যবাদ। আপনার সময়রেখাকে আরো ভালো করে তুলতে টুইটার এটিকে ব্যবহার করবে। পূর্বাবস্থায়পূর্বাবস্থায়
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What’s the ratio between the market cap of equities on the NYSE and the value of ICE?
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Why is this relevant?
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Thought experiment
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I’m guessing on the order of 1000.
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That's exactly right... apples and oranges.... LoL
কথা-বার্তা শেষ
নতুন কথা-বার্তা -
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Doesn’t this vision you’re describing just recreate the current structure of capital markets?
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Yes. In this vision, Bitcoin is a revolution, Ethereum is an evolution.
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And Rochard is on a moon base and Richard is high-fiving him on a moon board.
কথা-বার্তা শেষ
নতুন কথা-বার্তা -
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Are you meaning "successful" == high marketcap here or not? If yes, I think you still need the store-of-value aspect to come into play, whether the platform is king of tokenization or not. Needing ETH to do tokenization would certainly help, but doesn't seem sufficient for sov.
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Yes agreed.
কথা-বার্তা শেষ
নতুন কথা-বার্তা -
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You’re skipping a few steps here. 1) what’s wildly successful? 2) Is $50bn mcap not already pricing that in? 3) how does this perceived “success” translate into a risk adjusted return for ETH? 4) what’s to say the most successful tokenized platform captures economic surplus?
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To answer 4), ether has become the defacto money (SoV, MoE, and even UoA) for the ICO ecosystem, and it may be a glimpse of what ether may become in the much larger tokenization ecosystem.
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If we assume that most assets, both digital and physical, are represented on Ethereum, individuals will always rely on ETH to perform any basic financial function, the market for global financial services is $13T >
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Why would they use ETH not mysql?
কথা-বার্তা শেষ
নতুন কথা-বার্তা -
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One counter-argument: in order to become the de-facto platform for hypertokenization it has to be a SoV, and in order to be a SoV it has to be decentralized. Right now it's pretty much centralized - INFURA, few full nodes, centralized development, unlimited supply.
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Yes I left this part out. Didn’t mean tokenization as being a sufficient condition.
কথা-বার্তা শেষ
নতুন কথা-বার্তা -
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Dear Qiao, what did you think of this bearish thesis?https://medium.com/@tetrascapital/ether-eth-bearish-thesis-the-flippening-of-market-irrationality-8633e70ab498 …
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I like the thinking behind it (shorting ETH to hedge a core BTC position.)
কথা-বার্তা শেষ
নতুন কথা-বার্তা -
লোড হতে বেশ কিছুক্ষণ সময় নিচ্ছে।
টুইটার তার ক্ষমতার বাইরে চলে গেছে বা কোনো সাময়িক সমস্যার সম্মুখীন হয়েছে আবার চেষ্টা করুন বা আরও তথ্যের জন্য টুইটারের স্থিতি দেখুন।
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