RE: IS FUTURE TOKENIZATION OF PROPERTY MARKET something we should all be aware of?

[lanzjoseg]

Dear @tarazkp and @crypto.piotr

Starting from this point, it would also be very beneficial for investors. since they would also have a tangible asset under their investment.

Comments

[tarazkp]

since they would also have a tangible asset under their investment.

This is what crypto needs to start doing, buying back into the real world with crypto, not cash.

[nurseanne84]

Ok.Like @crypto.piotr, I am also a bit ambivalent with the whole project because:

Pros:

• The block chain will ensure that property disputes will be avoided/ quickly be resolved
• Anyone can buy any property from anytime, anywhere without going through rigorous procedures

But, the downsides are:

• Mere mortals like me might have difficulty affording it
• And, let's not forget that, no matter how secure the server/ network is, there will always be those times when glitching/ hacking/ anything can go wrong type of incidents- I am not pessimistic folks. I am just realistic especially because the technology is still very young.

Why not just do a rent to own program for now just to see how things are in real time?