RE: The Dumpster Fire Idea Of Tokenised Real Estate
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Ah we are in agreement here.
The only way to secure something here in the real world is by threat of lethal force.
Until crypto city states have a standing military this idea dead on arrival.
And even in that case I'm not sure it's a good idea, as the connection between a token and a physical asset is inherently centralized.
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I never thought of a smart contracted military lol 😂, I just don’t get where the income is coming from for that so either you’re renting and can get taxed on that cash flow or taxed on the NFT but then again you’d need a central admin
We already have REITS and CFDs on REITS which is as good as it’s going to get for fractional real estate exposure! NFTs are so desperate for a use case