SEC approves Nasdaq rule to allow tokenized stocks & securities trading.
This is SOOO HUGE it’s BIGLY!! Tokenizing shares will eventually mean you can store them outside the banking system in your own wallets. This is not what the London bankers want at all, watch all their friends come out to complain
https://x.com/JB_Slear/status/2034365492547432920
Don’t know enough to comment but this seems important. Perhaps someone knows this well enough to elaborate for the tent?
This is so bad because tokenization takes away all your ability to get the shares registered in certificate form in your name. It’s a further form of dematerialization of the stock certificate by tokenizing them, which means they can electronically shut off the control and access to your shares. You will only have beneficial ownership of the shares. That means you will get the benefit of buying and selling them, but you will not be able to register them in your name. So no direct ownership is the result of tokenization.
I wonder why JB Slear thought this was such a great thing happening?
The net result is how they implement “The Great Taking.” This is how they do it even if they don’t implement a formal CBDC. With everything tokenized they control and or steal it all.
YOU ARE ALL WRONG ON THIS SORRY
I OWN TOKENIZED SHARES IN A PRIVATE CORPORATION
THEY ARE MUCH SAFER THAN SHARES IN A BROKERAGE ACCOUNT
PERSONAL KEY ….IN MY OWN POSESSION…UNTOUCHABLE BY EVEN THE CORPORATION
IT’S LIKE HAVING BITCOIN IN YOUR PERSONAL WALLET
ARE YOU SAYING HOLDING SHARES WITH YOUR BROKER IS BETTER THAN HOLDING TOKENIZED SHARES IN YOUR WALLET ?
IF YUR BROKER GOES DOWN YOUR SHARES GO DOWN WITH THEM
SHEESH