[TheSpiceIsLife]

I think we do understand your point, and it reduces to "blockchain blockchain blockchain blockchain because blockchain blockchain".

But then fails to be better or even different to what we have now:

This means merchants can denominate prices in whatever they'd like - and buyers can pay in whatever currency/asset they'd like.

Indeed! We have that now. Where I live we use the Australian Dollar because that's what buyers and pays like. When I want to convert stock to cell phone minutes I do that through a settlement layer: log on to stock trading platform, sell shares, wait two days, buy cell phone minutes - it's sufficiently instant for my needs, and appears to be meeting everyone else's needs as evidenced by the continual churn of economic activity.

One issue I see with your proposal is I'm not convinced I know how to rationally price an oil certificate vis-à-vis a cell phone minute. That's why we need markets, I guess.

Blockchain is a solution looking for a problem. The problem of converting stock certificates to cell phone minutes is largely solved for most people who own stock. The problem of purchasing cell phone minutes is largely solved, and for those places where it isn't slapping a blockchain on it won't help any more than slapping whatever database is popular this week on it.

[smokeyj]

But why you mad bro? This isn't a personal attack on your trading account. Some people here were just talking about technology stuff, don't sweat it!