Oddbean

When does this "you'll own nothing" event happen ? When the $quadrillions derivatives markets collapse. Either under their own weight or they get pulled. Probably the latter. They are still getting their ducks in a row, building their blockchains(SQL databases) , tokenizing(centralizing) all assets and changing the collateral laws so that the banks are first in line(and you're not in the line) to get the collateral. People's heads will spin when they realise what happened. Not your keys , not your bitcoins.

It is called The Great Taking https://m.youtube.com/watch?v=1GHXe0PbNG4 Tokenization - you'll own nothing. Here is the detailed explantion of the mechanics of this, even for paid off property. How the collateralization laws have been changed , who the new benfactors are(central and investment banks) , what will trigger this (a $quadrillion derivatives crash, that coming as sure as the sun rises). He does give a nod to the tradeability of these tokens as having some virtue *while the going is good*, but that's just a caveat, probably to stay on youtube lol ! The most interesting part of this is that nobody seems to care. This guy should have millions of viewers, he hasnt even got 1 thousand. https://m.youtube.com/watch?v=nQhGSchqlvE&pp=ygUfdG9rZW5pemF0aW9uIHlvdSdsbCBvd24gbm90aGluZw%3D%3D