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Author Topic: Yachting industry benefitting from crypto?  (Read 179 times)
cryptokangaroo
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November 19, 2017, 09:00:26 AM
 #1

How can luxury yacht sales and rentals sector (renters, owners, etc) benefit from blockchain and be tokenized?
Tax-wise? Commission-wise, etc
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davis196
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November 20, 2017, 12:35:20 PM
 #2

How can luxury yacht sales and rentals sector (renters, owners, etc) benefit from blockchain and be tokenized?
Tax-wise? Commission-wise, etc

It can`t and there`s no need to be tokenized.This is a relatively small market with very few rich buyers and sellers.There`s no need to use the blockchain to organize and store information about the traders and yachts.
Anyway,i would be happy if they start to buy,sell and rent yachts using bitcoin or some other cryptocurrency.
This will spread positive news about cryptocurrencies around the rich elite,which means more "big whales" in the crypto-market.


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KingScorpio
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November 20, 2017, 03:44:21 PM
 #3

How can luxury yacht sales and rentals sector (renters, owners, etc) benefit from blockchain and be tokenized?
Tax-wise? Commission-wise, etc

It can`t and there`s no need to be tokenized.This is a relatively small market with very few rich buyers and sellers.There`s no need to use the blockchain to organize and store information about the traders and yachts.
Anyway,i would be happy if they start to buy,sell and rent yachts using bitcoin or some other cryptocurrency.
This will spread positive news about cryptocurrencies around the rich elite,which means more "big whales" in the crypto-market.

of course there is need to be tokenized you need basically the workhours of 500 human beings to build a yacht (i think their entire life)

so you tokenize it give those people the token and take the yacht for yourself... Roll Eyes

thats why current yacht became so rich without any work

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