People lying about the underlying assets the stock represents? People cooking their books? Pump and dump scams? Receiving multiple lines of credit against the same assets?
What forms of fraud are solved by tokenization or digital attestation that are prevalent today?
Instead we got scams on top of scams and zero use out of either. Wake me up when anyone finds a use that isn’t theft. I’ll be in fucking torpor by the time I’m woken up.
Lol, web2? When Facebook, reddit, amazon, twitter, etc pretty much killed the internet and consolidated most users under themselves. That was an unmitigated failure for the internet. It has directly led to the homogenization and garbage heaps we have now.
You keep repeating this. No one cares it hasn’t happened and never will.
You don’t need a block chain to sign a transaction and there is plenty of other ways to stop fraud. It’s not happening because banks don’t care to invest in fixing it.
Not to mention fixing this one issue isn’t fucking web 3 lmao
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lol. So all the fraud in the crypto space that isn’t being prevented is a feature?
Virtually none of the fraud in the stock market is because of lack of verification or tokenization.
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People lying about the underlying assets the stock represents? People cooking their books? Pump and dump scams? Receiving multiple lines of credit against the same assets?
What forms of fraud are solved by tokenization or digital attestation that are prevalent today?
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How heavy are your GME bags?
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Buddy, only Apes are on the “naked short” conspiracy train. I didn’t even need to check your history to know it’s full of DRS GME dumb shit.
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Neither of those are fraud, bud. You just don’t like them. Vote for people who also don’t like them. Blockchain won’t solve either.
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People like you are why taking blockchain seriously is hard.
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Instead we got scams on top of scams and zero use out of either. Wake me up when anyone finds a use that isn’t theft. I’ll be in fucking torpor by the time I’m woken up.
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Lol, web2? When Facebook, reddit, amazon, twitter, etc pretty much killed the internet and consolidated most users under themselves. That was an unmitigated failure for the internet. It has directly led to the homogenization and garbage heaps we have now.
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Web3 isn’t fixing shit. It’s more techbros trying to steal more of the internet. How many NFTs you own, bro?
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You keep repeating this. No one cares it hasn’t happened and never will.
You don’t need a block chain to sign a transaction and there is plenty of other ways to stop fraud. It’s not happening because banks don’t care to invest in fixing it.
Not to mention fixing this one issue isn’t fucking web 3 lmao
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But I don’t like web2