| TAM? Maybe define uncommon acronym before using them. I cannot even find its expansion using Google. > First, the entire financial system can and will be made digital It already is. > making every dollar you deal with every day a digital asset that can falls under blockchain That is a very bold statement. > Then, you have all online goods: (…) Those all suffer from the exact same problem than physical assets, they exist and have a purpose outside the blockchain. You already have the oracle problem. > credibly neutral and publicly interoperable accounting This is again a very bold statement and facts disagree with you. Blockchains are not interoperable with one another and cannot be, for starters. > which could one day be 50% of the world economy This is pure wishful speculation on your part and is based on absolutely nothing. ----- EDIT: I found "TAM"'s expansion: total addressable market. |
Likewise, in-game items and other digital assets can exist in or outside of a blockchain. They can serve their original purpose when on-chain as well. I can expand on my point about interoperability:
Blockchains are not typically natively interoperable between them (exception might be rollups), but all assets on a blockchain are. If I create a video game and tokenize my items + currency, I suddenly open up a world of possibilities for users and developers to expand on whatever in-game functionality I can make with my limited team, like:
- Making items tradable on DEXs - Borrowing and lending services - New UIs and tracking tools - Clubs and clans that verify ownership - Derivatives and staking
In a world with tokenized assets, I could easily make a deal with a guy on the internet to let him stay in my decentraland property for 3 weeks in exchange for a ticket to a digital Marshmello concert - completely trustlessly and transactionally.