Regarding: An artcile published on 12th February 2020 "Blockchain is Enabling Gold and Silver to Become far More than Just a Store of Value" by https://hackernoon.com . Click Here for the full article.
Bitmatters says...
Tokenisation (aka securitisation) is not new but applying the blockchain to tokenomics brings equal access and democratisation to things that were without it before. This is, on balance, a good thing. Equal access though does not necessarily mean equal ability to use (or abuse) tokenisation so appropriate regulation should be sought to protect the vulnerable or the stupid.
Having said this, being able to seamlessly fractionalise a thing to spend (eg a finite resource) has utility beyond its own end and will both broaden and deepen acceptance of what is fast becoming a brave new world that everyone will have to fundamentally understand. Say goodbye to intermediaries and most fees too. A note of caution though is that if that thing you tokenise is fiat, or fiat like, then it is a stable-coin. Stable-coins are ultimately pointless because any cryptocurrency (and especially Bitcoin) is infinitely better. However, stable-coins are not useless near term because they enable where fiat has failed to enable and they remove substandard intermediaries with their higher than necessary fees.
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