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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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23792869 No.23792869 [Reply] [Original]

Ok listen up I am kinda interested in stocks but I don't want to deal with them in this Middle man centralized bullshit manner. I would love to buy stocks as erc20s on ETH for example or other tokens on other chains. are there any projects that are working on this? when will I be able to buy stocks the crypto way? fuck brokers in between.

>> No.23792872

Lol

>> No.23792935

what

>> No.23793052

>>23792935
I am not clear or is /biz/ retarded?>>23792872

I want to buy ERC20 TESLA tokens where one token always equals the value of one TESLA company stock share

where when is this possible?? does anyone know? I don't want to deal with these broker firms.

>> No.23793077

>>23793052
What about dividends

>> No.23793084

there will be several IPOs for crypto related companies in 2021, blockfi is said to be one

>> No.23793095

>>23793052
Uphold offers something like that

>> No.23793146

>>23792869
I know what you mean anon. /biz/ is retarded as always. What you mean is tokenized stocks.

There are people working on this i just saw a lecture on that topic. It will come sooner than later but the broker jew is still clinging to his centralized powers at the moment.

>> No.23793252

Whichever platform tokenizes equities first is the "going to make it" one.

Not sure which one it will be though.

>> No.23793263
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23793263

>I thought defi main objective was this all along
Am I retarded or what

>> No.23793278

>>23792869

I think FTX is doing that...and Coinmetro is starting to issue tokenized bonds. But you won't get away from KYC

>> No.23793280

It would be 100% impossible to make any money on stocks if you had to pay etherum gas fees.

>> No.23793321

>>23793280
Median fee is 2 bucks nigga.

if I buy 1000 shares of whatever for 10k and it goes up 10pct in 2 months and I sell for $11k what the fuck is those 2 bucks then you silly retarderino.

>> No.23793328

>>23792869
You can buy stocks with algorand last time i checked

>> No.23793363
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23793363

This whole topic has chainlink written all over it

>> No.23793911

>>23793321

medium fee doesnt matter, the only thing that matters is fee as a percentage of transaction size.
if it isnt close to zero then theres a serious problem with this idea.

>> No.23794018

Synthetix already do gold and silver and theyre working on stocks n shit