Discover and read the best of Twitter Threads about #tokenizetheworld
Most recents (3)
0/ Issuing Security Tokens in 2019: Hype v. Reality. #sto #dso #TokenizeTheWorld #tokenize #smartsecurities #digitalsecurities
1/ Hype: Security tokens (#stos) reduce issuance costs vs. traditional private placement.
Reality: In 2019 issuing a security token costs as much if not more than a traditional private placement
In time & over the life of the ST this may prove true (still tbd)
Reality: In 2019 issuing a security token costs as much if not more than a traditional private placement
In time & over the life of the ST this may prove true (still tbd)
1/ Tokenized securities are more disruptive on a global basis than Bitcoin itself.
Time for a thread on why. 👇🏽 👇🏽
Time for a thread on why. 👇🏽 👇🏽
2/ Bitcoin is an amazing innovation with global potential - I'm incredibly bullish. If it disrupts all money in the world, it would displace a $90 Trillion market. This includes all coins, banknotes, money market accounts, & savings, checking, and time deposit accounts globally.
3/ Bitcoin isn't just money though. It can also be used as a store of value (Gold or Silver). Gold is ~$10 trillion globally and Silver is ~$17 Billion.
For this argument, lets say Bitcoin replaces all money, gold and silver combined & becomes $100 Trillion network globally.
For this argument, lets say Bitcoin replaces all money, gold and silver combined & becomes $100 Trillion network globally.
1/ The perfect storm is happening for tokenized securities.
Here is a thread on how, why and what is next.
Here is a thread on how, why and what is next.
2/ @JWilliamsFstmed and I made a decision 18 months ago to refrain from investing in any ICOs due to regulatory concerns. This was a highly unpopular decision at the time, including numerous peers questioning our judgement.
3/ Yesterday, our concerns were validated. SEC Chairman Clayton stated most ICOs are securities and the SEC will not change the rules to address this funding mechanism.
In essence, the investors who participated previously are likely to have invested in unregistered securities.
In essence, the investors who participated previously are likely to have invested in unregistered securities.
