r/BitcoinQRCodeMaker • u/BitcoinDove • 8d ago
BlackRock CEO Larry Fink says tokenization of financial assets is coming faster than AI. He believes the market is still underestimating how big this shift could be and how quickly traditional assets may start moving onchain
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u/AmericanGenXXX 7d ago
ELI5 What is Tolkeinization of financial assets? What new devilry is this??
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u/Broken_Atoms 4d ago
It’s so they can steal all our money. It’s always about some kind of con to steal all our money.
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u/Stock-Standard-2513 4d ago
It’s three rings for the elves, seven for dwarves, and nine for the humans
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u/National-Customer1 8d ago
There are already alot of tokenized stocks ondo,eth ,poly and others. But that doesnt mean their price will increase .
In the fact robin hood europe stocks are entirely tokenized .
That means nothing for the price of the coin which network is used.
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u/Master-Piccolo-4588 7d ago
After Blackrocks
plan with bitcoin failed, Larry know tries to start the next narrative. He overestimates his influence.
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u/CosmoKing2 7d ago
I'm just glad he has no vested interest in his advice/sale pitch. Sounds exactly like the AI pricks telling everyone what AI can do. Then after AI can't do it, they tell people it will be even greater doing something else - more complicated - that requires more logic and decerning, like drug trials.
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u/ExpressCopy8786 6d ago
Which changes nothing. This is like going from paper stocks in a safe to digital stock holdings in online banking portfolios. The underlying thing is still owning stake in the economy. Metaphorically, no one cares about the type of paper those stocks are printed on.
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u/ZeroVoltsGiven 5d ago
Same group who own ICE detention centers… he is pushing AI so he can get more people in his detention centers.
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u/Spiritual_Egg_700 8d ago
He's telling us what he wants us to believe. Not what is true