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2026-08-23 17:37:53 UTC

poe on Nostr: add some leverage ...

add some leverage
Tokenized real world assets: there is no trustless way to verify custody of the asset, so you're still trusting that the token is backed 1:1 by the asset, in which case doing this on a blockchain is just a less efficient way of doing something that trad-fi already does quite well.

I thought it sounded scammy when I first heard of it around 2017 and it still sounds very scammy.