RE: LeoThread 2025-07-09 20:56

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Tokenizing gold is unnecessary—it always requires trusted custodians since it's a physical asset, opening the door to issues like excess token issuance and easier fractional reserve practices.



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Bitcoin stands out because it enables self-custody and borderless transfers without reliance on intermediaries.

"Tokenized gold seemed destined to be the convergence of blockchain and crypto.

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Converting tangible assets into tokens boosts liquidity and portability, whereas tokenizing intangible numbers does not add value."

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