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@ Zatoichi
2025-06-09 06:39:53
Here’s something that keeps those who understand it up at night; at least until they sell every security and move the proceeds into cold-stored Bitcoin:
Your share ownership is beneficial, not legal:
1. Dematerialization of securities
2. Centralized custody & collateral transformation
3. Title Transfer Collateral Arrangements (TTCA – Japan)
4. Cede & Co. (USA legal owner of nearly all stocks)
What happened in the Great Depression? It happened again-multiple times. It happened to me, too.
It’s on track to happen bigger.
You have a claim-not title.
And that claim is junior AF.
Especially, with international issues.
Those who hold anything with brokerages, banks, brokers will be punked. Those who hold Bitcoin in cold wallets and other disintermediated sov not incumbered by a debt will be kings.
RE? Look up MERS & the Shadow Title System.
So, enjoy the gains & good night.