I admit I am wholly unsophisticated when it comes to having a full understanding of the financial markets, but I do not trust those in power.
My guess is there must be some sort of benefit for them to move to a "certificateless society", probably in the same way fiat currency steals real value from normal citizens.
I just don't have the depth of knowledge to discern the mechanisms they're using.
Just look at my other response on this thread and I explain the purpose of this company. It's a rabbit hole I already went down myself about a year ago. It's not as nefarious as it seems.
It just means that you don't have to physically own the stock certificate like they did in the olden days.
Thank you for your response.
I admit I am wholly unsophisticated when it comes to having a full understanding of the financial markets, but I do not trust those in power.
My guess is there must be some sort of benefit for them to move to a "certificateless society", probably in the same way fiat currency steals real value from normal citizens.
I just don't have the depth of knowledge to discern the mechanisms they're using.
Just look at my other response on this thread and I explain the purpose of this company. It's a rabbit hole I already went down myself about a year ago. It's not as nefarious as it seems.
Will do.
This could lead to extended court battles over ownership, leaving the true owners penniless.