Damus
Aejkohl profile picture
Aejkohl
@Aejkohl
If Bitcoin becomes the global monetary standard (and it will), it's inevitable that securities will be tokenized in order to be bought and sold for BTC without trade intermediaries (and therefore implying trust in the security issuer only).

And in that case, it's inevitable that the form of BTC that these securities will be traded against will be the same BTC that is used for all other day to day transactions (ie a real L2; either or both LN/Ark) and that the same L2 networks (LN/Ark) will be used to transfer those tokens too.

But it is also inevitable that these tokens will not be issued in Bitcoin UTXOs if the exact same result can be achieved in a separate and dedicated blockspace for tokenized assets, which is still somehow secured by bitcoin's proof of work but does not require a new form of BTC represented on it (unlike existing sidechains).

Sequentia is inevitable. If you don't believe me or don't get it, I don't have time to try to convince you, sorry.