this post was submitted on 20 Aug 2023
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[–] Zuberi@lemmy.dbzer0.com -4 points 1 year ago (2 children)

Rehypothenticaton and naked short selling would both be entirely eliminated globally

[–] kimpilled@infosec.pub 4 points 1 year ago (1 children)
[–] Zuberi@lemmy.dbzer0.com -3 points 1 year ago (1 children)

Hmm? These are issues all across the markets, not just one security

[–] kimpilled@infosec.pub 1 points 1 year ago (1 children)

Buddy, only Apes are on the “naked short” conspiracy train. I didn’t even need to check your history to know it’s full of DRS GME dumb shit.

[–] Zuberi@lemmy.dbzer0.com -2 points 1 year ago (1 children)

Naked shorting isn't a conspiracy lol. If you truly believe that then I also have a bridge to sell you. 100% of my entire port is DRSd for good reason

[–] kimpilled@infosec.pub 2 points 1 year ago (2 children)

Apes never have any proof of their shit. They just pick a shit stock, declare it naked shorted, and proceed to lose a bunch of money lmao

[–] ZodiacSF1969@sh.itjust.works 2 points 1 year ago

Shut up! BBY is going to restructure and get out of bankruptcy any day now!

[–] Zuberi@lemmy.dbzer0.com -2 points 1 year ago (1 children)

0 idea where you think you're getting this from but alright then :)

[–] kimpilled@infosec.pub 4 points 1 year ago (1 children)
[–] Zuberi@lemmy.dbzer0.com -1 points 1 year ago

You didn't even address the nature of my comment. Just came out of the gate swinging for no reason.

Tokenized securities prevent rehypothenticaton as well

[–] stevehobbes@lemmy.world 1 points 1 year ago* (last edited 1 year ago) (1 children)

Neither of those are fraud, bud. You just don’t like them. Vote for people who also don’t like them. Blockchain won’t solve either.

[–] Zuberi@lemmy.dbzer0.com -1 points 1 year ago (1 children)
[–] stevehobbes@lemmy.world 2 points 1 year ago (1 children)

People like you are why taking blockchain seriously is hard.

[–] Zuberi@lemmy.dbzer0.com -1 points 1 year ago

Web3 is the "next" internet whether the USA bootlickers like it or not. I direct register my shares because I don't trust the America markets.

I would 100% buy tokenized securities to verify I'm actually getting stock and not an IOU