Hacker News new | ask | show | jobs
by thekyle 2026 days ago
I don't really see how something like Realt is any different from owning a REIT. You still have to trust that the property actually exists. AFAIK there is no way for a blockchain to "own" property in the U.S. so there must be some shenanigans going on with a corporation owning it and agreeing to pay out the returns to token holders.

At this point it seems like you've just recreated being a shareholder in a REIT except without all the legal protections.