Fink Sees Tokenization of Financial Assets as Next Step

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"The dominant form of bringing products going forward will be in the form of ETFs," BlackRock Chair and CEO Larry Fink says during an interview with David Westin.

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The same guy that made his way with securitization of mortgages and different bond products. Same idea with the financial engineering.

marvinlewis
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Tokenisation is a tipping point to a hyper personalised future. Those working in wealth who don’t get it early are likely to find themselves working in stranded companies with stranded careers.

PaulResnik
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The most important video you will ever see....especially the last 2 minutes

ZeusNetworkBull
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Makes me wonder. What does Larry prefer to own. An asset? Or a token of an asset? Remember, if you own ETF's, you don't actually own the underlying stocks. You just own a token. Tokens have no intrinsic value. A lot of people already feel this way about stocks. Can't blame them. But stocks are still tangible to me. Having ownership in a company is real. And companies bring real value into the world. If Larry gets his way, it's an important step in the end-of-ownership for regular people. You will own nothing and eat ze bugz.

rooster
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ETFs were a way to concentrate passive investor money into active hegenomy. Comanies became owned by these consolidators abs niw they control them. All those companies didnt go woke overnight because of consumer demand.

jyienger
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God save us! Poor Charlie Munger is fuming in his grave!

veronica
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just an excuse for them to continue their financial shenanigans the old way as they did in the physical fiat era with the new title called tokenization

solarischronos
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This guy and his company are very dangerous and responsible of all world problems..

robertsydney
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Step 1: transform a token (BTC) into a traditional asset (ETF share) ; Step 2 : transform that traditional asset (ETF share) into a token (let me guess: iBTC??) 🤣🤣🤣🤣

Willks
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If you own the token and it's keys, you own the physical asset!

will
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May 23rd is the date to save for Ether Spot ETF descision.

tjpld
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So which blockchain will run these digital asset exchanges?

thepursuitofhappiness
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Larry Fink needs to meet Hedera developer Dr. Leemon.

leeseungho
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You guys are fucked if you don't buy bitcoin by 2025.

kellum
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The fact people like Larry Fink are allowed to do as they please, even when their actions so evidently harms the very foundation of our society says a lot of what America has become.
It seems you could even be excused for "Crimes against humanity" if you have enough connections and
This almost makes me want to cheer for countries like Russia and China and I feel nauseous just thinking about it...
WAKE UP PEOPLE !!!

RazielMessiah
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Great analysis, thank you! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?

ShinatraBlt
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Pulse Chain and HEX! Stop paying stupid ETH fees!

mguNn
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Fink is a North American slang term that originally meant "informant" or "strikebreaker" and expanded to be a general pejorative term for a jerk or an unpleasant person.

cynicallee
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Thank you so much for this amazing video! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

JacquelyneOlveira
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Old Larry Lare laying it all out for who know what they're listening 🎧 to.

michaelhillary