Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3631. (Read 26607648 times)

Welll sorta, using blockchains/smart contracts , could streamline and speed up the entire process (instant settlement, in a world that is moving more and more to instant gratification) as real estate transactions can be notoriously slow, when they do not have to be.

 Also, over my side of the pond at least, deed transfer companies and the like have been ordered to "come up to speed" in terms of usability/ease of use/speed AND COST! , so there is a entrenched set of actors within this aspect and all aspects of real estate , that are ripe for the pickings in terms of disintermediation....

Also tokenisation one way or another of property (assets in general) allow also the ability for fractionalised ownership/investment/equity release of property, or at least has the potential to make it easier.

I mean, banking also has and had established players, laws regulations too.... and had not innovated for many many decades, but the box needed shaking... and if anything the current status quo of real estate transactions, is even more archaic and even slower, than banking is, and that is saying something.

Things change and things evolve.

Market will tell us going forward if this happens or not...


I try not to think in absolutes  

NFTs and a blockchain don't add anything useful or missing to any of those scenarios you mentioned, because the existing, legally-binding ownership laws, contract laws, deeds, etc. already cover it and cover it well. There are no deficiencies or gaps that an NFT would fill, and there are no inefficiencies in the process that an NFT would make better.

So again, the point of NFTs then? A solution looking for a problem that doesn't exist.

Thing is, things develop and things change, so I do not imagine the deed issue being around for too long... and there are workable workarounds, for example, in the US at the moment you are correct re the deeds they cannot currently be linked to NFTs (yet) .... however what can and had been done is that the property (if we are talking real estate) , is first transferred into a LLC, and then the company, is then minted to a NFT, and it is this company that is bought or sold, and rights to the company (and therefore the property are stored on the blockchain)

.... and I think there is a good chance that this space will continue to evolve.


There are also solutions for tokenised/nft for equity release from properties too.. which again has the potential to evolve going forward.

....and as mentioned in previous post, I am pretty sure that we will be seeing this within the art collection industry too, and possibly wine also.


....could all this be done using tokens/smart contracts and sans "NFTs"  yeah totally..


Anyways we shall see what the market thinks of such things going forward as things evolve... and that will answer the question one way or another.


(ps yes the LLC route could potentially have unwanted tax implications)

Hi Ya,
Long time no see.

Hi guys! ...

Explanation

No, it can't. Just saying that doesn't make it true.

Because a legal property deed is legally binding and can be defended in a court of law.

An NFT is not "useful". At all. Period. It does not give the owner any exclusive legal rights to the thing it points to, and cannot be legally defended in a court of law.

If anyone is missing the point, it is not me.

We may all die because of this, but it's interesting as hell to watch, isn't it?

So who run Twitter Bartertown? Who run Bartertown?

The elites know. But does the Joe Shmoe public know?

Yes, 'cause you really need to "mastermind" shooting two anti ship missiles at a ship that patrols the coast at 5 knots in a pattern that repeats like a tram.
The truth is that the russians really are that bad.

I say I can't read it because it's too damn small.

Don't shrink charts and texts to the point where they aren't readable please.

At least our fucking military still works... and we can pull off some good deep state shit.  Even if it is all compromised by whatever poison has taken over the American government.  I still have hope that there are some "good guys" left, and we stand a chance to see them make a move much more complicated and glorious than the sinking of an old cold war enemy's prize ship.  The restoration of honorable men into power and justice for those who have been carrying off one of the biggest deceptions in history.   Or maybe I have been fed too many Hollywood fantasies for my brain to still be able to process reality OK.  Or maybe there is no hope for the old US since it has been infected so badly and for so long becoming a source of much of the injustice rather than a light on a hill. Or maybe some of all those things are true.  Interesting times, for sure

No offense to any Russian WO members.  But one thing that has been on display for a couple months is what a broken disorganized trash heap the Russian military has become.  At this point it SEEMS that whomever is really pulling the threads behind the scenes could wipe them off the world power stage in a matter of months.  But, all at the same time they STILL sit on an operational (?) world ending arsenal of nuclear weapons just like the US.

OR?  Is this all some ridiculous psyop.  It's hard to say. The fact that one of Russia's only real gems of their military was just destroyed by... well by what?  I mean it's sort of beautiful.  But at the same time the Western media has been co-opted by... whom? And is examining it's own asshole while some of the most intense stuff in 60-70 years is going on in the world.

Musk has revealed himself to be a MASTER of the win/win game and revealed that he is aware of some of the puppet mastery going on behind the scenes like the Saudi control of the TikTok for adults (TWTR).  He is deeply flawed, but he is also ... deep.  His childish autistic persona hides well the fact that he actually has been shifting into a position of extreme power while most of the world throws him parties for a decade.  Richest man on Earth and all...  And he may even be one of the only rogue, non captured power players on the stage as evidenced by things like Bezos' own Washington Post publishing headlines of the dangers of billionaires trying to take over media outlets. Maximum Lol, that.

All this while WWIII chugs along at a brisk pace.  The world war that most of the world slept through. While they themselves were one of the most fertile battlefields as the power for the keys to the slave machinery are fought over by...  ... ...

Someone wake me up if we ever figure out who is winning.  Or whose side we should be on.

Muahhhahaha.

Good choice.

Explanation

This kid douchebag still didn’t under bitcoin.


https://twitter.com/elonmusk/status/1514725812544712708?s=21&t=THbKznmyWlabVWTqsBNVTg


For the context they were discussing that “someone on bitcointalk said 45 seconds on a different chain was causing lots of issues“… was this someone proudhon?

Source: https://cointelegraph.com/news/zone-of-heavy-opportunity-analysts-tip-bitcoin-will-stage-a-comeback

Explanation

I'm wondering 'how would you be feeling inside' when your new chew toy 'empowering' gets bored, an with his batteries full of the W.O. dementia.     .. Cuz you do know that for now he feels a bit lonely, and he is giving you extra attention, he seems to be back from some sort of 1-2 years vacation and he has time to spare, nerves to kill, and inner loneliness to cure.    

Just don't pray on the weak man. .. There are like over 30K pages of talks about BTCiTcoin. Also no new information or development has occurred within the blockchain network or the too much sparkle in the core wallet. Most of the developments are others with their companies that try to interact with the network.

I mean, for now you are fine. Maybe tomorrow 'empowering' gets bored, a new contest with a new attention seeking 'newb' emerges. But on the long term, you will find yourself out in 20 years older, still on this forum and banging the cann along the road with the newest newbie member you encounter. Is your time not precious?? Or do you imagine some sort of AI in the future replicating your 'khan-risma' and to get rid and belittle any new comer that wants to challenge the 'Wall' for knowledge??

In some way, this feels like some trippy sh!t, but sometimes it just makes sense.    
(sry for the daily dose of shrinking I keep laying on you, it keeps happening and to dunno for what purpose, I don't might not see to know yet.)