The problem with tokenizing people and their income is that there is no laws to protect the individual from becoming (more) a slave, whereas if a person is incorporated they have limited liability. If I got sick after getting $100K from you, I’d be sued.
Post by twetch#22429
Sure, we would need regulation. But before that, we would need a good technical, preferebly Bitcoin driven solution to actually do that in a convenient way.
What the chain says
- Block
- 635 356
- Time
- 2020-05-17T20:12:14Z
- Signer
- 1P3nuztTbn1WV7WzfW16gAbMS3vEH3qhdV
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#22429
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
1P3nuztTbn1WV7WzfW16gAbMS3vEH3qhdV VerifiedReplies (6)
Some dude actually did tokenize himself on Ethereum a few years ago. I remember he ICO’d himself and I can’t remember what the chart was at the time ... here’s another: https://decrypt.co/29070/ethereum-tokenized-man-becomes-synthetic-deepfake
Rn most are laughing
Wait and see
Not laughing here ... it’s sensible to think about and I’ve thought about it before too. It may become a big thing in the future, for good or bad.
There is regulation. It's called corporate law lol. You should read about it.
We were talking about regulation for the model I asked for in my initial post
Not sure why you think I dont know of corporate law
You dont seem to be genuine here, if you want to boomer advice me like that, pay me first as compensation
/trolltoll set @11392 $10