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0 sats \ 1 reply \ @SimpleStacker 26 Aug \ parent \ on: Is tokenisation a bad word in bitcoin maxi circles bitcoin
I see, so you envision a world in which anyone can issue a personal token, but the market will determine the value of those tokens, and in which a legal system still exists to adjudicate disputes about the token, right?
Yes, legal systems like English common law are much more rooted than states.
For me liquid tokens issued by anyone is the most efficient model for debt on a bitcoin standard. Like I said, on a fiat standard this would be a disaster, but when politicians cannot debase it's a different story.
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