Will all assets be tokenized? Winter is coming, so is BlackRock

[Bobby Bucks]

Much discussion about tokenization of assets, RWA, central banking, bank payments, digital dollars, you name it. The Prince of Darkness himself Larry Fink is discussing it, Blackrock will be the vanguard of this movement. Plan accordingly. Centralized or decentralized, it’s your choice.

https://twitter.com/x/status/2011647749033185662

 

[TerryRohrer]

Just watched a webinar on this. If I understood the facts provided by the fast-talkers, there are about $290 billion in tokenized assets, and those are mostly financial "stuff" apparently focused on assets in the Middle East and Latin America (any risk there?). Of that total, something like $1.1 billion is tokenized real estate, with maybe $600 million worth talking about. By some estimates, there is about $393 trillion in global real estate value, so there is some room to grow.

From an appraisal perspective, they claim most assets will require valuations, both initially and at recurring intervals (with some suggestion of very short intervals as tokens representing partial interests are expected to be traded like stocks). I expect that in our lifetimes, there will be no interest in single-family homes as a standalone asset to be tokenized (portfolios of homes will likely be different). So, if you have an up-to-snuff database that includes the data to revalue your niche property of choice on the fly for years to come, you don't have to worry any further about UAD 3.6. However, most of us might have a struggle competing with CBRE or Cushman-Wakefield (not in quality but in immediacy).

Related to, or a part of, the valuation portion of this process is a network of "experts" who opine as to the veracity of an appraisal. If I understood correctly, "experts" (and maybe the original appraiser) would join Oracle networks. It wasn't clear how to qualify as an "expert" or how to begin, but the process described was that, if you want to play and review an appraisal or competing appraisals, put up a fee, payable in tokens (like the ante in poker). Then, everyone playing "votes". The most popular valuation "wins" and those oracles betting on that one get paid in tokens, and those betting against it lose theirs. I think I will wait until at least March to begin marshalling my resources and redirecting them to this market.

Anyone playing in this space would likely be well served in understanding all the ins and outs of the SBF debacle.

 

[Bobby Bucks]

I’ve been trying to stay abreast of the monetary part of it, but even, there I feel like the more I learn, the more ignorant I am. I try to keep up with the digital dollar, the block chain and what’s going on in the real estate closing and title companies, anywhere it’s blockchain related. It’s mind boggling to consider what some are predicting, most notably Whitney Webb, the nemesis of the Clintons, the Bushes and anything deep state, Wall Street or central bank related. She believes that the goal of the elites is to tokenize all US public land, the oceans, mineral rights, our national parks, resources, minerals, basically everything. She predicts that at some point individuals will own practically nothing, but will rent practically everything. It’s no wonder she’s still hiding in an unknown location in South America after her reporting on the Epstein files. Another one who has frequent updates on digitization is Versan Aljarrah aka Black Swan Capitalist on X. This is something the legacy news won’t be covering until a year after it’s all here.

 

[Bobby Bucks]

This is Whitney Webb about 6 months ago covering this topic and a few other related ones. She does more real reporting in 10 minutes than the networks do in a month. She angers the establishment left and establishment right, if she gets a whiff of corruption, God help them because they can't threaten her producer.

https://twitter.com/x/status/1935382690225664480

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