RE: Tokenization will turn the whole internet into the world's largest "Stock Market"
Sensational find @jrcornel.
It is interesting to see Dan Nathan tweet that out because he isnt the real techy guy on there...that is Brian Kelly. Dan seems more like a novice to this.
That said, it is amazing to think of all the personal tokens that could be created. We are embarking upon the greatest wealth creation mankind has ever seen. Consider all the world markets, combined, and compare that to the size of the internet. It is no contest.
I have stated that the crypto market is going to explode because Wall Street is about to get into it.
This makes me rethink that....crypto is going to explode because everyone is going to get into it. Money will be flying in from everywhere since everything of value will be on the blockchain in some fore.
Simply amazing.
That very well might be the case... I have been reading a lot about different Wall Street players taking an interest in blockchain and crypto but it might end up being a lot bigger than just them...
What? Investor don't need to be techy.
About tweet:
Yes, now crypto is stock 2.0. Why? To buy stock you need a broker, money to buy atleast one whole stock (some stocs cost more than 100$) and often they don't profitable. Some brokers won't work with you if you have less than 10 000$, 100 000$ or more.
Crypto is very profitable and you can buy less than 1 coin. You can buy 1/100 of coin and less.
Yes. It will turn everyone into an investor, even the kid on the corner with $10 in his pocket.
Cool phrase. YES, it's so good to be alive, baby. 21 century is cool. I don't need to pay broker.
Yes, tokens remove many of the barriers to investing. There need not be some minimum amount of cash you must have before you can invest, which permits microinvesting easily and often (imagine an app like Acorns but for tokens that rounds up every purchase you make with your phone to automatically invest your daily spare change in a list of preferred tokens or cryptocurrencies). Some tokens, like the Crypto20 cryptocurrency index token, will permit you to liquidate the token for its underlying net asset value 24/7, meaning you can treat it like a money-market account -- C20 -> ETH on MetaMask -> ETH on Coinbase -> USD on Coinbase -> USD PayPal card or US Bank. Microinvesting in any token with 24/7 access, with a lot of automation, without the need for banks -- game changer.
Who knows such dime coin will become hundreds.It was proven many times in the short history of cryptoworld.