> If the asset is physical, you have to solve the issue of making the blockchain match reality. I know you said there's a ton of work being done in that space,

> If the asset is physical, you have to solve the issue of making the blockchain match reality. I know you said there's a ton of work being done in that space, but I have yet to see a lot of solutions. There are no solutions. The perfect oracle does not exist and any such system is going to have all of the same problems that any non-digital, non-blockchain based system could have. Any token held in the blockchain is only valuable if the token in itself has inherent value. A token which is merely a proxy for some external value is a waste of time. The only use I see for the blockchain beyond money is for fraud-proof timestamps, since the ledger is also a distributed timestamp server, but even that has limited applicability because there's no way to prove that something did not happen earlier, for which someone just copy-pasted into the blockchain afterwards.