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What I find funny about this is that cryptocurrency - a supposed way to create a currency independent of bank or government control - laid the foundation for this. Look at all the terminology Larry Fink is throwing around here: tokens, ledger, fractional ownership.

Good stuff, thanks guys!

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Cryptocurrency did not lay the foundation for a ledger. That's been around for over 500 years. And fractional ownership was well understood before computers, but viewed as not worth the effort.

In popularized the terms because cryptobros made it their life mission to advocate for it. The sermons had to explain all the terminology GP mentioned.

Read the Great Taking book, it's a bit kooky in some places but a good read nonetheless.

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