Welcome to Blockchain Theory!
For those who want to understand what is it at first place - https://anders.com/blockchain/
See the videos.
Now, Like our stocks like Reliance or Justdial.
There are assets like Bitcoin or OMG.
Let’s first see how to trade them.
What you trade in Reliance is actually Reliance/INR.
You are trading Reliance against INR correct?
Q1. Suppose you buy 1 share of Reliance. What is your worth? What is the price of that share?
Q2. Suppose you buy a flat in Mumbai at 1cr. Does it mean it is worth 1cr? Your worth is 1cr?
Reliance = Dematerizised asset. You own the asset in the paper.
Flat = Materialized asset. It is 3 dimensional, visible stuff.
So answer me, How your worth is decided?
How much INR you will write for a share of Reliance you own?
How you calculate your home’s value?
When you take loan against property how your property value is calculated?