What I find funny about this is that cryptocurrency - a supposed way to create a currency independent of bank or government control - laid the foundation for this. Look at all the terminology Larry Fink is throwing around here: tokens, ledger, fractional ownership.

Good stuff, thanks guys!

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IncreasePosts 2 days ago | parent | next [-]

Cryptocurrency did not lay the foundation for a ledger. That's been around for over 500 years. And fractional ownership was well understood before computers, but viewed as not worth the effort.

	▲	gessha 2 days ago \| parent [-]
		In popularized the terms because cryptobros made it their life mission to advocate for it. The sermons had to explain all the terminology GP mentioned.

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kogasa240p 2 days ago | parent | prev [-]

Read the Great Taking book, it's a bit kooky in some places but a good read nonetheless.