What I find most interesting about this, is how people in the comments are critical of @WatcherGuru for not just writing "$11 Billion".
Most people can't even comprehend what a Billion or greater even is.
It's an incredible amount of anything.
People say it's in poor taste to point out that vaults would help after there's a hack where vaults would have helped, so here's some AI generated content instead
A blockchain built to support marketplaces for tokenized real-world assets needs regulated stablecoins and a reliable way to move dollars on and off the chain.
That's why @chia_project partnered with Brale to bring regulated stablecoin issuance and money movement to its network.
Chia is now live on Brale.
If your tokenized stocks are not backed 1:1 and don't provide dividends or voting rights, then its not a tokenized stock, its not even a proxy, it's a scam.
@saylor@WatcherGuru The problem is they wonβt and are not protecting shareholder rights. Under current tokenization you donβt actually own the share and have no voting rights. The shares are not backed 1:1 even tho claimed to be they are only backed via collateral and for how long no one even knows.
@Nokitlan When I say "Catch" that is not necessarily negative - one would hope the casino has a bucket of funds ready to pay big wins.
It's a trade off, it would be more capital efficient to have a levered pool of funds rather than full buckets. But you gain regulatory efficiency.
@Nokitlan This is telling me that slots are possible with Chia Gaming, but the catch is that the host would need to put up the Max Exposure as the pot every game.
E.g., for a slot with a grand prize of 10000x Bet, the host would have to put up 9999x Bet.
Is this correct?
@No_BlackWhite@OpenAIDevs While I don't know exactly your pain, it does remind me of another related one.
Chat history should be tied to the account in use ( or potentially the other way around π€ ). Currently burying threads from one account with new threads from the other.
@OpenAIDevs can we please get account switching, I jump between private and personal Codex/ChatGPT IDE logins multiple times a day, sign out and sign in is not a great UX π