Cede & Co and the Monopoly of Ownership

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[jesusthemad]

The real ones know this is a re-upload

[Duskx]

If this thing actually comes fully to fruition, we won’t be getting our squeeze money, but we will get that insurance-covered paycheck. It seems as though everything has to fall - our entire system - for the truths to be unveiled.

[lukehan]

i always said that the future of finance will be seeds, well sure enough the devils in the details

[simplerick]

So after we DRS with the official registrar computershare, then do we request the paper certificate? Or... Can they Hold it "off book" ?

[Pomegranate_David]

Charlie sounds so young and innocent here.

[andrews]

So, what you're saying is, everything must go to crypto, so there is no need for banks. Crypto must stay non centralized so it can't be monitored, followed. Gonna be hard to do.

[frederickmiles]

Checkout the SCF side of equation - DTC has large players act as custodial agents for fee. And you must realize that no one puts money to sleep - imagine what happens with those assets held by custodians are put to work: etf's, bdr's, adr's, rehypothethication, etc.

[Thehuntressband]

I posted about cede and co months ago on reddit. Not too many people cared. Hopefully with your reach people will start to give a shit.

[j.beltre]

Holy shit!!! T D just told me this..
"Shares held at a broker such as TD Ameritrade are held in street name with you listed as the beneficial owner, and you retain the full rights of the shares."

[RandomLuminosity]

so knowing this are you still against DRS? or am i skipping ahead?

[briano]

Yes, thank you for getting this out there.

[litharium]

I also saw that once someone brings a stock into the stock market. They legally cannot withdraw the stock either. 😒 There is a longer version of this and I believe Charlie has made a piece about it months back.

[andytran]

So bottom line,
criminalmakesRULE,
criminalenforcesRULE,
criminalDETERMINESrule!!!!

[SuperMassman]

Charlie, , , we need to get you on a Talk Show on Cable, something with a big audience...