I hear a lot of excited about the tokenisation of real world assets. Yeah it would be fun to divide a piece of real estate into a million tokens and trade them on your favourite dex globally.
After reading the book called "The Great Taking", I'm beginning to wonder if RWA tokenisation is not some kind of a Trojan horse, whereby a potential scenario can take place;
- RWA's become mainstream and people start tokenising all sorts of things
- "Big players" enter and scoop up RWA tokens during bear market
If we look at what's happening with the real estate markets, this alarming trend is picking up speed - people are being priced out of the market because "big players" are gobbling up homes just to rent them back to you. Could the same happen with RWA's?
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