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

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lanzjoseg (74)in #blockchain • 6 years ago

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

6 years ago in #blockchain by lanzjoseg (74)

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tarazkp (80) 6 years ago

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.

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nurseanne84 (62) 6 years ago

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?

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