ETFs were a way to concentrate passive investor money into active hegenomy. Comanies became owned by these consolidators abs niw they control them. All those companies didnt go woke overnight because of consumer demand.
Tokenisation is a tipping point to a hyper personalised future. Those working in wealth who don’t get it early are likely to find themselves working in stranded companies with stranded careers.
Makes me wonder. What does Larry prefer to own. An asset? Or a token of an asset? Remember, if you own ETF's, you don't actually own the underlying stocks. You just own a token. Tokens have no intrinsic value. A lot of people already feel this way about stocks. Can't blame them. But stocks are still tangible to me. Having ownership in a company is real. And companies bring real value into the world. If Larry gets his way, it's an important step in the end-of-ownership for regular people. You will own nothing and eat ze bugz.
If an ETF has to close, the underlying assets are usually liquidated and cash returned to the ETF owners. It might take some time but it's pretty safe.
What about the US dollar? It’s a FIAT currency. It has no tangible backing besides the faith we have in the currency itself. Why are tokens not the same way? If we deem it as valuable will it not then gold value whether it is truly valuable or not?
just an excuse for them to continue their financial shenanigans the old way as they did in the physical fiat era with the new title called tokenization
Thank you so much for this amazing video! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?
Great analysis, thank you! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?
True let us just buy 1 bitcoin for $60,000 and then in 10 or 20 years if bitcoin the price of bitcoin doubles we make $60,000 over the course of 20 years You don't get rich off investing
Step 1: transform a token (BTC) into a traditional asset (ETF share) ; Step 2 : transform that traditional asset (ETF share) into a token (let me guess: iBTC??) 🤣🤣🤣🤣
Correct. Instead of clients/investors holding shares in bitcoin. They will be holding a tokenization of bitcoin while black rock holds the actual bitcoin privately. Clients will “own” bitcoin safer and easier for someone that doesn’t want to or have time with cold wallets but it is definitely not the answer that we need
It's always made me wonder what happens if something crazy happens & "Your coins" are now their coins due to accounting being MIA. I can meet halfway where if something did happen, having a decentralized ledger to track ownership of assets on the S&P would increase confidence so 1 doesn't get screwed over if something crazy happened. I'd prefer to just self custody, myself. As do many who get it. I don't see ETF holder's actually having a scenario like mentioned above. I mean there is always a chance we go mad max & it gets wild out there. At least there's miners around the world to keep the network running if MIA in USA.
Thanks for the breakdown! 🤔 I’ve got a question: 🤨 I only have these words 🤔. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What should I do with this? 🤷♂️
The fact people like Larry Fink are allowed to do as they please, even when their actions so evidently harms the very foundation of our society says a lot of what America has become. It seems you could even be excused for "Crimes against humanity" if you have enough connections and money....... This almost makes me want to cheer for countries like Russia and China and I feel nauseous just thinking about it... WAKE UP PEOPLE !!!
Fink is a North American slang term that originally meant "informant" or "strikebreaker" and expanded to be a general pejorative term for a jerk or an unpleasant person.
No lol. He's describing Swarm Markets, they offer tokenized stocks and bonds TODAY, with gold, real estate, and fine art on the horizon. How do you get XRP out of this?
No..this positions XDC perfectly… BlackRock recent partnership with securitize.. XDC is 1/4 available options through Securitize. XDC and Securitize have a very close relationship. Institutions will be directed to XDC through Securitize
WOW he is talking exactly what Cardano can/does/and is build for. Voting / Credentials / Verified tweets / Smart Contracts / DeFi / Instant loans etc etc. All on the Blockchain, Cardano can do all of the above.
Then why doesnt someone just build a company using Cardano technology and make profits instead of selling it as a chain letter? That would get rid of most scammers.
I have heard that positive future is not in money, but in human relation...helping each other to go through difficult time and not become slaves..think of it ..
Tokenisation is simply updating trad-fi based backends to implement a blockchain. This is hardly a revolution - it is simply a cost saving exercise for Wall Street and tradi-fi enterprises.
Once you claim all your cusip numbers that are tied to you're cestui que vie trust, any bond, stock, or value that has been gained through out your life so far, will come to you as its you're cestui que vie trust.
He's got 1.6 Million BSV...which can handle global txn volume, unlike BTC that only performs 7 txn a second, meaning it couldn't be the currency of Arizona 😂 BTC would take up to 40 years to transact if it was actually used on a global scale. Smart dudes like this always win. He got his Bitcoin for $40 bucks while you fools are paying 40k for something that doesn't even function at large scale 😂😂😂😂
Absolutely they do not want this. This cuts out extra fees per transactions. They do want the technology so they can make money out of it but make no mistake. This absolutely disrupts the industry and a lot of folks will lose money and business. Why do you suddenly believe banks are angels that’s here to make your cost of living less. 😅
Bro. He probably understands it better than you do. Do not underestimate this man. His power and influence is beyond almost anyone else you see talk on this subject. He is giving you the whole plan straight up, without telling you the real outcome. If you do not own BTC when the hammer falls, you are Screwed with a capital S.
Water and air will be ETF'd
Not exactly, but their internet, on line, IoT equivalents.
@@mudewitzinteresting , how is that done
The same guy that made his way with securitization of mortgages and different bond products. Same idea with the financial engineering.
ETFs were a way to concentrate passive investor money into active hegenomy. Comanies became owned by these consolidators abs niw they control them. All those companies didnt go woke overnight because of consumer demand.
Tokenisation is a tipping point to a hyper personalised future. Those working in wealth who don’t get it early are likely to find themselves working in stranded companies with stranded careers.
Makes me wonder. What does Larry prefer to own. An asset? Or a token of an asset? Remember, if you own ETF's, you don't actually own the underlying stocks. You just own a token. Tokens have no intrinsic value. A lot of people already feel this way about stocks. Can't blame them. But stocks are still tangible to me. Having ownership in a company is real. And companies bring real value into the world. If Larry gets his way, it's an important step in the end-of-ownership for regular people. You will own nothing and eat ze bugz.
If an ETF has to close, the underlying assets are usually liquidated and cash returned to the ETF owners. It might take some time but it's pretty safe.
@SlamScreenMedia if Blackrock went down, a bigger fish would come and swallow it.
What about the US dollar? It’s a FIAT currency. It has no tangible backing besides the faith we have in the currency itself. Why are tokens not the same way? If we deem it as valuable will it not then gold value whether it is truly valuable or not?
The most important video you will ever see....especially the last 2 minutes
Yh the bit when he said hes gay
God save us! Poor Charlie Munger is fuming in his grave!
@veronica2764 Charlie Munger already said this, "investment firms will even sell dog shit wrapped in a silver foil if they can make money"
just an excuse for them to continue their financial shenanigans the old way as they did in the physical fiat era with the new title called tokenization
The only way to make money anymore is by playing with money, preferably someone else's.
So which blockchain will run these digital asset exchanges?
This guy and his company are very dangerous and responsible of all world problems..
lol
Grow up or at the very least present your brilliant solution to your problem accusation
@@JayBiz-k3n break up the ETF monopoly in the US. Or more simply, publicize America's retirement savings.
@@seer775 and what do you hope to gain from that? What problem will that solve?
@@JayBiz-k3n you won't have one guy running the country like a king.
Thank you so much for this amazing video! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?
Great analysis, thank you! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?
You guys are fucked if you don't buy bitcoin by 2025.
True let us just buy 1 bitcoin for $60,000 and then in 10 or 20 years if bitcoin the price of bitcoin doubles we make $60,000 over the course of 20 years
You don't get rich off investing
Pulse Chain and HEX! Stop paying stupid ETH fees!
Is that a recommendation then?
@Bloomberg Television: Today morning in the same talk, Larry Fink spoke about leadership. Can you please upload that part of the conversation?
Buy cable subscription, cheapo
@@simrans3675 exactly 😂
Step 1: transform a token (BTC) into a traditional asset (ETF share) ; Step 2 : transform that traditional asset (ETF share) into a token (let me guess: iBTC??) 🤣🤣🤣🤣
Correct. Instead of clients/investors holding shares in bitcoin. They will be holding a tokenization of bitcoin while black rock holds the actual bitcoin privately. Clients will “own” bitcoin safer and easier for someone that doesn’t want to or have time with cold wallets but it is definitely not the answer that we need
It's always made me wonder what happens if something crazy happens & "Your coins" are now their coins due to accounting being MIA. I can meet halfway where if something did happen, having a decentralized ledger to track ownership of assets on the S&P would increase confidence so 1 doesn't get screwed over if something crazy happened.
I'd prefer to just self custody, myself. As do many who get it. I don't see ETF holder's actually having a scenario like mentioned above.
I mean there is always a chance we go mad max & it gets wild out there. At least there's miners around the world to keep the network running if MIA in USA.
They won't be tokenizing real world assets on Bitcoin think more Eth. Bitcoin will never be anything more than a liquidity pool.
@@bfrandsen1 I meant that they will be tokenzing their bitcoin ETF share (on Eth yes probably). This seems a bit absurd to me...
@@Will88ks what blackrock is talking about in this video is tokenizing real world assets(house, bond, stock shares) on a blockchain.
Thanks for the breakdown! 🤔 I’ve got a question: 🤨 I only have these words 🤔. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What should I do with this? 🤷♂️
Ripple/XRP for the ultimate win🥂
👎
thanks to Ripple for the lawsuit but other than that its done nothing, but trend down since then.
He could be a great choirmaster.
?
@@jsmith108he’s sus
Larry Fink needs to meet Hedera developer Dr. Leemon.
Old Larry Lare laying it all out for who know what they're listening 🎧 to.
May 23rd is the date to save for Ether Spot ETF descision.
People do realise you can get active ETFs right
The fact people like Larry Fink are allowed to do as they please, even when their actions so evidently harms the very foundation of our society says a lot of what America has become.
It seems you could even be excused for "Crimes against humanity" if you have enough connections and money.......
This almost makes me want to cheer for countries like Russia and China and I feel nauseous just thinking about it...
WAKE UP PEOPLE !!!
Fink is a North American slang term that originally meant "informant" or "strikebreaker" and expanded to be a general pejorative term for a jerk or an unpleasant person.
is larry fink based...?
He just wants to manipulate the price with his worthless paper Bitcoin
tokenizations ? Instant payment settlements? sound like XRP to me ?
🤑🤑🤑🤑🤑🤑🤑
No lol. He's describing Swarm Markets, they offer tokenized stocks and bonds TODAY, with gold, real estate, and fine art on the horizon. How do you get XRP out of this?
No..this positions XDC perfectly…
BlackRock recent partnership with securitize.. XDC is 1/4 available options through Securitize. XDC and Securitize have a very close relationship. Institutions will be directed to XDC through Securitize
WOW he is talking exactly what Cardano can/does/and is build for. Voting / Credentials / Verified tweets / Smart Contracts / DeFi / Instant loans etc etc. All on the Blockchain, Cardano can do all of the above.
Then why doesnt someone just build a company using Cardano technology and make profits instead of selling it as a chain letter? That would get rid of most scammers.
basically buy $RIO
Hbar,hello future!!!
I have heard that positive future is not in money, but in human relation...helping each other to go through difficult time and not become slaves..think of it ..
Kaspa blockchain gonna adopte the tokenisation of real world assest
XRP
Tokenisation is simply updating trad-fi based backends to implement a blockchain. This is hardly a revolution - it is simply a cost saving exercise for Wall Street and tradi-fi enterprises.
Bro. It starts with Bitcoin ETFs. Then tokenizing the stock market. You think it ends there? Why?
this comment section is a direct consequence of raising your kids on cartoons
Avax baby
Once you claim all your cusip numbers that are tied to you're cestui que vie trust, any bond, stock, or value that has been gained through out your life so far, will come to you as its you're cestui que vie trust.
picoin 🎉🎉🎉
Who runs the world ? Guys like this
Chainlink
I-ON DIGITAL WILL DO THIS WITH GOLD
Ondo Finance
Why is this so vague and difficult to understand what exactly he’s saying at some points. The spirituality of iShares? I’m not sure I follow
He's saying "I'm large and I'm in charge".
Ппц ты тип конечно) просто лютейшие завозы ловишь здесь
Go fishing bro, hiking, living real life! Before it’s too late!
Iya ondo
He's got 1.6 Million BSV...which can handle global txn volume, unlike BTC that only performs 7 txn a second, meaning it couldn't be the currency of Arizona 😂 BTC would take up to 40 years to transact if it was actually used on a global scale. Smart dudes like this always win. He got his Bitcoin for $40 bucks while you fools are paying 40k for something that doesn't even function at large scale 😂😂😂😂
Craig? What are you doing here bro? Get out of here.
Can someone say ONDO?
CHAINLINK
Wise man 💪
etf this d
ofc banks do not want this so does Gensler lol
If banks don’t want this then why on April 3rd, nearly all the major banks are meeting up in New Orleans to discuss blockchain?
Absolutely they do not want this. This cuts out extra fees per transactions. They do want the technology so they can make money out of it but make no mistake. This absolutely disrupts the industry and a lot of folks will lose money and business. Why do you suddenly believe banks are angels that’s here to make your cost of living less. 😅
If they get their tokenization, does that mean AMC can finally squeeze
Sologenic
Funny that a guy who works in stocks and bonds has a lisp.
you want to rip us off
THAT SOB HAD TO STOP AND CORRECT THE BRITISH ACCENT. RIGHT OFF THE TOP. HAHAHAHAHA
AND UNDER WHOSE $$$$$$$ JURISDICTION YOU HERO?! GEEZUS
He is a master
💚🙏 WAITING ON YOU POPS
Look at that nose and tell me he's not... um... a liar, yes a liar.
Largest scam ever
Cardano ADA ❤
When the trillions of $ worth of illiquid assets will be unlocked.. A new form of wealth generation will take place..
Tokeniization is here to stay
This guy has no idea how bitcoin works and it shows.
Bro. He probably understands it better than you do. Do not underestimate this man. His power and influence is beyond almost anyone else you see talk on this subject. He is giving you the whole plan straight up, without telling you the real outcome. If you do not own BTC when the hammer falls, you are Screwed with a capital S.
$ONDO🎉
😂
Mrs
Fink gets it
So you like wokeness and social credit scores? Then you and Larry Fink are the enemies of everyone.
Fun fact only icp the internet computer can handle block rocks tokenazition of stocks and shares no one of the other coins
$NXRA
Bro i buy 40 dollars nxra im poor, in witch price should i sell them
Tokenization. hence the Ethereuml ETF
he needs to learn history