RE: Cryptocurrency Is Not An Asset Class

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I’d say Bitcoin is an asset class since it only exists as an on chain asset be it on its own chain or other chains!

I do think alot value gets either digitised or a digital resprentation gets updated to a blockchain version sooner or later

Home ownership, stock certificates the works, and I feel like Bitcoin will proved the liquidity to flow in and out of these different assets with ease! Settle your home purchase in Bitcoin and have finality of transaction once the owners sign the multi sig DLC and the local land oracle confirms it!

Can you imagine? Selling your home privately and doing it all yourself with a few clicks? No agents cutting in fees no lawyers

Imagine how efficient sales can happen it’s going to be crazy once this unlocks and people will think how did we even do this before the same way we look at how we travelled with maps instead of a GPS



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Can you imagine? Selling your home privately and doing it all yourself with a few clicks? No agents cutting in fees no lawyers

Yes I can imagine.

It is no different than buying stock without a broker, a thought that was completely unimaginable 35 years ago. And today, not only can we do it without a broker, we can do it for free.

I do disagree with you about Bitcoin. I do not foresee a world where there is one settlement currency. Bitcoin is too deflationary to operate in that capacity. It might be levered as collateral by those holding it; in fact I bet it would.

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