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humanity tokenizes all its assets

by Vaibhav
October 10, 2022
in Opinions
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humanity tokenizes all its assets
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Billionaire and founder of venture capital company Social Capital Chamath Palihapitiya expressed the opinion that in the future society will find a way to tokenize all property to increase its value.

According to him, the decentralized finance (DeFi) segment will help humanity avoid the big losses that it faces today.

The investor is confident that in the future the taxation of all assets will be much easier to implement at the state level thanks to new technologies.

Palihapitiya said that tokenization will also create the financial equivalent of the skills and experience – the career of a particular person. Such an asset will allow you to take loans secured and even trade them.

See also  The head of the Central Bank of India warned against investing in cryptocurrencies

Earlier, the president of Faustin-Archange Touadera, who approved bitcoin as a legal tender of the Central African Republic, announced plans to tokenize the country’s natural resources.

Recall that in 2021, the philosopher and author of the cult work “The Black Swan” Nassim Taleb criticized the trading of tokenized securities.

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Billionaire and founder of venture capital company Social Capital Chamath Palihapitiya expressed the opinion that in the future society will find a way to tokenize all property to increase its value.

See also  The lawyer doubted the due examination of investments in FTX

According to him, the decentralized finance (DeFi) segment will help humanity avoid the big losses that it faces today.

The investor is confident that in the future the taxation of all assets will be much easier to implement at the state level thanks to new technologies.

Palihapitiya said that tokenization will also create the financial equivalent of the skills and experience – the career of a particular person. Such an asset will allow you to take loans secured and even trade them.

See also  Opinion: Russia has overtaken China in building systems for Internet blocking

Earlier, the president of Faustin-Archange Touadera, who approved bitcoin as a legal tender of the Central African Republic, announced plans to tokenize the country’s natural resources.

Recall that in 2021, the philosopher and author of the cult work “The Black Swan” Nassim Taleb criticized the trading of tokenized securities.

Read Cryplogger bitcoin news in our Telegram – Cryptocurrency news, courses and analytics.

Found a mistake in the text? Select it and press CTRL+ENTER

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