SECRETARY RUBIO on https://t.co/pt9rQXC44r PASSPORTS: No printing forms, no drugstore hostage photo, no appointment, no line, no middleman that you're paying to do something that should be available to you.
THE FUTURE IS HOOD.
TIBBIR was built for real world assets. The Robinhood Chain has built an incredible ecosystem for tokenized assets onchain. It is clear that for the TIBBIR community to take the leap into the real world, the time has come to 🌉
Gribbit.
https://t.co/DlqtJz6rnO
here is some alpha almost no one noticed...
go to @RibbitCapital 's official website, "Perspective" page, download the "Token Letter", go to page 5:
left side → input tokens → access → @Plaid (ALREADY INTEGRATED)
Ribbit & BlackRock are co-investors in Plaid, the first "read-only" rollout of @ChatGPT finance ... now check the other parts of the input tokens: identity, context, asset (e.g crypto), memory...
The 'Digital Grid' is the network of token factories (ribbit video:), and the thesis was recently amplified by @BlackRock ( $15T AUM)...
now zoom out. base:0xa4a2e2ca3fbfe21aed83471d28b6f65a233c6e00 🐸
When people think about tokenisation they tend to think about trading Apple on a Sunday, instant settlement, 24/7 markets... That's one tiny piece of it.
The bigger story is that everything becomes a token, and the whole economy gets rebuilt around it. https://t.co/TE4LmgrkYs
One of the biggest reasons why no one wants to have kids these days is because our generation is much more stressed and anxious about the future compared to previous generations.
The reason for that is because the amount of disposable income and savings (NOT in meaningless NOMINAL but in *REAL purchasing power* terms) that people in the bottom 97% have keeps dwindling every single year.
The reason for that is because they are printing money, lending money, borrowing money, and expanding the money supply at a faster and faster rate each year.
Even if you are making $300,000+ per year, you can still feel this ACUTELY; as in most cases prices are growing faster than the rate of your savings growth in real terms.
Even if you ignore hoeflation, hypergamy, and the sinister effects of smartphones and social media, and focus on normal, reasonable, grounded people - people that don’t come from top 5% families (those that own lots of stocks and real estate which can keep up with money printing) feel psychologically “unworthy” and financially unprepared for parenthood as it is taking longer and longer to achieve basic milestones.
Money does not define one’s worth, but food, rent, childcare, education, healthcare are real expenses that require money.
The overly debt-ridden and inflationary Fiat Late Capitalist system is becoming so extreme that its major byproduct is sacrificing real human births and real human happiness for the sake of letting the system live another day and enriching the asset-owning class.
All of the trends described above will intensify even more as both AI capabilities and money-printing speeds accelerate. This road only goes one way.
As automation inevitably accelerates, we will witness a greater "Crisis of Worthlessness".
Having children will go from being a standard human experience to being an ultra-luxury good. The trend will be towards only the ultra-wealthy in the 1st world and the ultra-poor in the 3rd world being able to have kids, with the upper-middle, middle and working classes of the "developed" world being disproportionately affected.
Your life has been made harder for the sake of their profits and keeping the existing system afloat to live another day.
We have been in a multi-decade Happiness Recession no matter what "GDP" numbers say, and that's what truly matters.
An animal stops procreating when it feels it is in a prison.
The System is Broken.
Charts unrelated.
after SEC gave a greenlight for innovative permissioned pools for tokenized assets, permissioned pools are now live on prism.
we are the first ever onchain permissioned pool for tokenized non-equity assets and novelty assets.
its a non custodial AMM model where every trade is checked and verified against only whitelisted wallets to allow free trading of permissioned assets onchain.
we use a particularly conservative model where this stays a constant product AMM with a maximum fee of 1%.
liquidity positions are internal and strictly non transferable shares rather than a tradable LP token, so a position cannot be sold to a wallet that is not eligible at all. (non transferrable and non shareable)
we will verify both the sender entity and receiving entity for their eligibility in participating.
for issuers, this is a way to bring a restricted asset onchain without giving up control of who holds it.
the transfer agent manages the allowlist for each participant, and the pool enforces it automatically on every transaction that's happening inside the pool.
the eligibility registry will go live soon, and the first pools will open together with our first gated listings.
prism permissioned pools make sure the issuer controls who holds the LP shares, and only eligible users will be able to call the contract directly.
this is strictly non custodial!
if you are an issuer of gated assets, pls dm me and we will set up the pools for you.
will post more details about each key component soon.
https://t.co/tbUGkGHApV
This is why we've @TheBlockRunner been bullish on robinhood:0x20024e485c0b22b42855589700721b28320a7777 since around 1M market cap and made videos breaking down this opportunity before anybody else on YouTube
@Hash_hopes is always ahead of the game and is positioning his platform to service the RWA industry in a professional and compliant manner
This is the kind of product S tier investors will want exposure to once capital rotates out of the AI bubble and back into crypto
The recent regulatory stances from the SEC and the CFTC reinforces that this transition is already in motion
Getting in now is like getting in on OpenSea's series A investment round
This is that rare opportunity where the trenchers gets to front run the suits, don't fuck it up
This is one of the major things that can happen to the RWA ecosystem.
Prism allows a user to invest in more than 2,000 tokenized assets, and at least 30% of those assets weren't available to U.S. citizens legally.
With this update, Americans can now start to reap the benefits of tokenization: instant settlement, 24/7 trading, fractionalization by default, and more on Prism.
The biggest issue with running an asset marketplace was missing out on one of the largest markets in the world.
Onboarding users, building P2P networks, issuer networks, social trading Layer, small business tokenization, lending, and many more features were really painful because of U.S. restrictions.
This changes everything for Prism.