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RE: Tokenization will turn the whole internet into the world's largest "Stock Market"

in #cryptocurrency7 years ago (edited)

What? Investor don't need to be techy.

About tweet:

Yes, now crypto is stock 2.0. Why? To buy stock you need a broker, money to buy atleast one whole stock (some stocs cost more than 100$) and often they don't profitable. Some brokers won't work with you if you have less than 10 000$, 100 000$ or more.

Crypto is very profitable and you can buy less than 1 coin. You can buy 1/100 of coin and less.

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Yes. It will turn everyone into an investor, even the kid on the corner with $10 in his pocket.

Cool phrase. YES, it's so good to be alive, baby. 21 century is cool. I don't need to pay broker.

Yes, tokens remove many of the barriers to investing. There need not be some minimum amount of cash you must have before you can invest, which permits microinvesting easily and often (imagine an app like Acorns but for tokens that rounds up every purchase you make with your phone to automatically invest your daily spare change in a list of preferred tokens or cryptocurrencies). Some tokens, like the Crypto20 cryptocurrency index token, will permit you to liquidate the token for its underlying net asset value 24/7, meaning you can treat it like a money-market account -- C20 -> ETH on MetaMask -> ETH on Coinbase -> USD on Coinbase -> USD PayPal card or US Bank. Microinvesting in any token with 24/7 access, with a lot of automation, without the need for banks -- game changer.

Who knows such dime coin will become hundreds.It was proven many times in the short history of cryptoworld.