It appears the bulls are back in full force. Will this war with Iran finally end? The bulls think so this morning!
How will the market close?
🟩or 🟥?
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It appears the bulls are back in full force. Will this war with Iran finally end? The bulls think so this morning!
How will the market close?
🟩or 🟥?
Bears win!! 🟥
My answer
For: 24/7 settlement and move them around as needed. Doing a transfer of equities brokerage to brokerage is slow and painful.
If anyone wants shares of SideSwap I can send them to you soon as you join the whitelist!
🟥 FOR
By using smart contracts, tokenization can bypass some traditional brokers and clearinghouses.
almost
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I don't like them, but I appreciate their utility and the convenience they bring to the market.
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I'm pro them, because people in countries with limited access to U.S. or European brokerage accounts may be able to gain exposure through tokenized stocks.
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Smart Contract Vulnerabilities might bring up a rugpull which makes me stand against it.
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Against
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against it
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AGAINST
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Againts.
Most tokenized stocks rely on a company or custodian holding the underlying shares. You often do not directly own the stock itself; you own a claim on a token issuer.
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Against
🟥 Against
If a stock is tokenized across multiple different blockchains that don't communicate, it can lead to fragmented liquidity where price discrepancies occur between platforms.
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AGAINST - Most tokenized stocks are synthetic. You are relying on the issuer (the entity holding the real shares) to remain solvent and honor the peg. If they fail, the token may become worthless.
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Against
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I'm not planning to buy tokenized stocks, but I don't have anything against them. Gotta admit, though, it's a pretty convenient product. And speaking of that, check out this news.
No downzap for noting the convenience
~lol
This comp is raining sats! Can we still drop predictions an hour before the close? ahaha
I was thinking of adding a deadline but the zap amount is so low and so little people comment soooo I’m just like ehhh screw it.
Fair enough. Your contest, your rules. Maybe it’d be cool if the zap was inversely proportional, like, fewer sats for predictions closer to market close. For example, 100 sats X the number of hours left! Lmao.
Yeah if this starts to blow up with stackers and bots I will have to implement a system like this
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Yes, I'm for tokenized stocks because of 24/7 Market Access
Unlike traditional exchanges like the NYSE or NASDAQ which operate on fixed hours, blockchain-based tokens can be traded around the clock, including weekends.
No downzap
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I'm against it, as it give different entities creating stocks that might be necessary be yours to own
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Against. The tokenization of stocks is merely a facade of decentralization. It's important to note that this isn't a purchase of actual equity; rather, it's a digital derivative that combines smart contract risk with that of the legacy counterparty.
In the event that a centralized custodian is still required to hold the underlying shares in a traditional vault, the asset does not actually belong to the owner. Instead, the owner possesses an IOU with additional attack vectors. Bitcoin's primary function is to facilitate trustless settlement. The practice of employing blockchain technology to manage legacy Wall Street assets merely adds a superficial layer to an outdated and ineffective system.