Eric FJ on Nostr: Although I share your ideals- how would this work more specifically? Some ...
Although I share your ideals- how would this work more specifically? Some tokenization that settles periodically in a federated system like Liquid? Stocks are shares of companies that exist in legal frameworks formed and enforced by state powers. Ownership rights of these shares are also enforced by the state. Who enforces the global ownership rights of shareholders even if we use bitcoin for transaction settlement? Who do I sue when a company doesn’t honor my shareholder rights… and under what court? How is bankruptcy handled and by who? There’s a lot to solve for here if you want to make something better than what has evolved to this point. — This is a comment on:
https://yakihonne.com/flash-news/nevent1qqs0cmpnlpxc9xjqsse24tztvpvgnusmlxww32ejzfmphvqtt5ug7mqzyzmejmqc8cpkmuncq229hq9mmj9shavhrdnzr2rt7dtfcvepzlc86qcyqqqqqqgygyw2kPublished at
2024-08-19 19:49:58Event JSON
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"content": "Although I share your ideals- how would this work more specifically? Some tokenization that settles periodically in a federated system like Liquid? Stocks are shares of companies that exist in legal frameworks formed and enforced by state powers. Ownership rights of these shares are also enforced by the state. Who enforces the global ownership rights of shareholders even if we use bitcoin for transaction settlement? Who do I sue when a company doesn’t honor my shareholder rights… and under what court? How is bankruptcy handled and by who? There’s a lot to solve for here if you want to make something better than what has evolved to this point. — This is a comment on: https://yakihonne.com/flash-news/nevent1qqs0cmpnlpxc9xjqsse24tztvpvgnusmlxww32ejzfmphvqtt5ug7mqzyzmejmqc8cpkmuncq229hq9mmj9shavhrdnzr2rt7dtfcvepzlc86qcyqqqqqqgygyw2k",
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