[thebean11]

What if I:

- Am not in a jurisdiction where there is a trustworthy broker for VT or USD?

- Want to loan someone my VT (for example for them to short)?

- Want to buy some derivative of VT (easy to do in the US for VT American-style options, but this isn't true for all derivatives on all assets in all markets)

- Need to buy a large amount of VT and using the open market isn't cost effective?

VT maybe isn't the best example in favor of crypto as it's probably already one of the easiest assets in the world to trade safely online. There's lots of other stuff that's way trickier in the current system.

[hiq]

1. that's unlikely you're allowed to trade VT at all in this case.

2. the real hurdle is regulations rather than anything technical.

3. again, you don't need a technical solution, you need a legal one.

4. and this will be more effective thanks to a blockchain? How so? So far, blockchain-based solutions seem more costly rather than less.

The current system has a lot of limitations, but many (most?) of them are of regulatory rather than technical nature, and blockchains do not help in that regard.