[Tepix]

When you own property in real life the record of ownership is maintained by the city/state/country.

There's no reason why the ownership in digital space has to be on a decentralized blockchain, you can also record it centrally (as shown by trusted entities like VISA etc).

[TekMol]

    When you own property in real life the record of
    ownership is maintained by the city/state/country.

And the people of Turkey lost over 80% of their savings buying power because of this.