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T+0 settlement is something blockchain has solved that tradfi has not. Asset tokenization is another big one- getting solved, at least. And inflation hedging.
by jonahbenton 2y ago
T+0 settlement is something blockchain has solved that tradfi has not.
Asset tokenization is another big one- getting solved, at least.
And inflation hedging.
Regulatory def has not caught up but in 10-20 years you individually will definitely have some portion of your financial transactions, whether payments or investments, settling on blockchain.
- dagw 2y agoT+0 settlement is something blockchain has solved that tradfi has not The reason 'tradfi' doesn't offer T+0 has nothing to do with technology (or lack of). It's an intentional policy choice and not due to technical limitations.
- yieldcrv 2y agoThe market is choosing T+0 America just moved to T+1 down from T+2. If you want T+0 now instead of a decade or two from now, you have an option
- freedomben 2y agoPolicy choice is a good example. If you disagree with the policy choice of traditional finance, you can opt for a system that is more in alignment with you.
- FabHK 2y agoSure. And if you disagree with money laundering choices and tax dodging choices and terrorist financing choices of traditional finance, you can opt for a system that is more in alignment with you. The question is: why should we let you do that?
- FabHK 2y ago> Asset tokenization LOL. Here's a novel idea: take debt, and chop it into fungible pieces that can be traded (a process we could call "securitisation"). Let's call it a bond. Or: Take equity, and chop it into fungible pieces that can be traded. Let's call it a share. That's impossible to do without crypto. Right? Right???
- jonahbenton 2y agoLOL, of course not. But momentum for doing so with, for instance, real estate, exists on blockchain and doesn't really exist on trad.