BlockDollar FAQ #1: Securities and Stablecoins
How Can Securities Work on BlockDollar Rails?Q: When you talk about funding code & content via equity, or about capital formation, you're describing securities. However, securities imply a real-world link: you need some arbiter to say that money generated by the business activity flows back properly to the equity holders. How can you do this without the institutional hardness of the trad legal system? ("Defi as Trust" on page 7 here\ goes into this argument in more depth). A: The best re...
BlockDollar FAQ #1: Securities and Stablecoins
How Can Securities Work on BlockDollar Rails?Q: When you talk about funding code & content via equity, or about capital formation, you're describing securities. However, securities imply a real-world link: you need some arbiter to say that money generated by the business activity flows back properly to the equity holders. How can you do this without the institutional hardness of the trad legal system? ("Defi as Trust" on page 7 here\ goes into this argument in more depth). A: The best re...
The BlockDollar
The BlockDollar, or “What Will Blockchains Actually Be Good For?”This essay intends to answer three key questions about blockchains:Where will productive assets come to back blockchain finance?Are blockchains good for anything meaningful, or are they just fintech with extra steps?Why haven’t blockchains produced significant productive assets up to now?Intro & SummaryThe dollar system ("TradDollar") is both over and under estimated. To some, it represents an irresistible force, a requirement f...
The BlockDollar
The BlockDollar, or “What Will Blockchains Actually Be Good For?”This essay intends to answer three key questions about blockchains:Where will productive assets come to back blockchain finance?Are blockchains good for anything meaningful, or are they just fintech with extra steps?Why haven’t blockchains produced significant productive assets up to now?Intro & SummaryThe dollar system ("TradDollar") is both over and under estimated. To some, it represents an irresistible force, a requirement f...
