Yeah, exactly. There's a limited number of sats one can have. There's unlimited number of assets that anyone can have - even if they do like NFTs... you can create unlimited number of NFT networks. And so the only option seems to be to connect these to existing systems - like stock market or existing fiat currencies. But then we are at square one - we have centralized government powered system that dictates the asset.

nout

yes. perhaps understanding "assets on bitcoin" requires a more financial brain than mine, but it seems like unless you are actually dealing with sats you will always have something similar to the oracle problem: who says the token actually represents the thing you say it does? (if it's any one entity or group, why do we need to bother with moving it around on bitcoin?)