3 ms·
I'm an investor in one of these (as a disclaimer and because I'm excited about the tech) -- https://structure.fi/ https://structure.fi/. Personally, I think th
by metalex 5y ago
I'm an investor in one of these (as a disclaimer and because I'm excited about the tech) -- https://structure.fi/ https://structure.fi/.
Personally, I think this is going to be huge over time. Trading on-chain tokenized stocks 24/7 is a powerful layer above the traditional financial markets.
- ZephyrBlu 5y agoAre you not concerned about this turning into a similar situation as Tether? I.e. the assets end up not being backed by money.
- gomox 5y agoThe way these work is totally transparent (open source smart contracts govern the issued tokens). There's no risk of hidden insolvency (there are significant technical risks, though).
- metalex 5y agoSpot on. The risk here is all technical given the mechanics are public — no potential for a tether situation here.
- zeusk 5y agoWhile I agree democratized 24/7 stock settlement would be cool; It's hard to believe an investment seeking startup would want what's best for the common man - hopefully at least better than wall street does.
- antihero 5y agoIsn't this just trading internet magic beans? As an investor, you have 100% a vested interest in this getting big at all cost, because otherwise, who's going to buy your magic beans from you? So anything you say about is kind of compromised.
- metalex 5y agoCircular reference because most small time investors (like me) invest in what they’re excited about :)