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People invest in ICOs based on a white paper. Risk is a relative term. I can't think of any other way to invest and trade ownership online in properties you (t
by jasonlaramburu 9y ago
People invest in ICOs based on a white paper. Risk is a relative term.
I can't think of any other way to invest and trade ownership online in properties you (the lender) curate. Yes, you can buy, sell, trade a REIT, but you are reliant on someone else to select the properties.
- dragonwriter 9y ago> People invest in ICOs based on a white paper. Risk is a relative term. Sure. I'm not saying no one would participate in this scheme in the short term, I'm saying if implemented it would quickly collapse in a storm of abuse. > I can't think of any other way to invest and trade ownership online in properties you (the lender) curate. Yes, but the reasons no system for that exists don't have anything to do with anything that smart contracts solve (again, unless they are legally replacing title registers.)
- jasonlaramburu 9y ago>if implemented it would quickly collapse in a storm of abuse. If the owner sold the house and did not share the profits, he would be in default and would get sued. >the reasons no system for that exists don't have anything to do with anything that smart contracts solve Smart contracts allow you to easily tokenize and trade assets.