When I first read about converting #bStocksCIS into a share and back “free and instantly,” I was skeptical—usually for financial products “instantly” means a couple of business days in fine print.
I tested it myself in practice: no T+2, no waiting, no hidden commission. I just clicked—and the token turned into a position in an ordinary share.
That’s where the idea caught on, beyond what I expected: if a share and a token can switch into each other so easily, what does it even mean to “own” an asset? Earlier it was tied to a specific form—paper, an account, a token. Now the form has become a detail, not the essence.
I’m not sure whether this is truly a step forward, or just another layer of abstraction that one day you’ll have to explain to someone who asks: “so what do you even actually have over there?”
@BinanceCIS
I tested it myself in practice: no T+2, no waiting, no hidden commission. I just clicked—and the token turned into a position in an ordinary share.
That’s where the idea caught on, beyond what I expected: if a share and a token can switch into each other so easily, what does it even mean to “own” an asset? Earlier it was tied to a specific form—paper, an account, a token. Now the form has become a detail, not the essence.
I’m not sure whether this is truly a step forward, or just another layer of abstraction that one day you’ll have to explain to someone who asks: “so what do you even actually have over there?”
@BinanceCIS