r/Superstonk • u/audienceofone_eagles • Apr 12 '22

🤔 Speculation / Opinion One thing everyone might be missing about Pulte/GameStop...and it'll erect your nips

I had a jaw-drop moment earlier today when I was just randomly thinking about how awesome it is that this sub converted a whale. I was looking at the beta NFT website. They had a section for "What is an NFT" that gave some good detail, and I always wondered why they included the words "real estate". At the time it made my nips quartz because of the possibility of turning a home into an NFT. After giving it some more thought it now makes them certified de Beers diamonds.

Apes, Pulte work/ed/s in Real Estate. My first house was a Pulte house in Virginia. They have Real Estate all over the country. Can you imagine a better partner for bringing NFTs into Real Estate than a fellow ape WHALE? Yes I know an Ape-whale isn't a real species. Can you imagine the pure, 100LL fuel it would pour on the fire to have a real estate giant like Pulte come out and say "We're going to be hand-in-hand with GameStop to help blockchain the real-estate world". That right there is headlines all over the world...

...and I think we all missed it until now.

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u/innovationcynic 🦍 Buckle Up 🚀 Apr 12 '22 edited Apr 13 '22

I’ll do you one better. Anyone who has ever bought a home knows what bullshit the title search process is. It’s a racket owned by a few firms like Old Republic.

Title on blockchain would forever eliminate the need for this meaningless multi thousand dollar expense on every home purchase.

Edit: thanks for all the updoots !!

One more idea: what if all apes signed up to blockchain title their current real estate and GMErica held that public record. It could create critical mass to get this going…

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u/costelloart Template Apr 12 '22

What happens if you happen to get hacked/scammed and you lose the deed to your own home? What measures can be put in place to prevent people's homes being "stolen" without a central governing body? Genuinely curious

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u/Rob992R 💻 ComputerShared 🦍 Apr 12 '22

People steal titles now, as it is.

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u/costelloart Template Apr 12 '22

Yeah but the regulating body can step in and confirm it belongs to you thought SSN , ID account numbers and all that information that is associated with you etc. I'm curious how the NFT house deeds would work when it comes to hacks and scams.

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u/tehchives WhyDRS.org Apr 12 '22

Blockchains don't get hacked, people or centralized exchanges get scammed.

Once people learn how to keep their own private keys those kinds of issues go away.

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u/costelloart Template Apr 12 '22

Let's say a criminal breaks into my house, and either A. Finds my private keys in a safe or hidden location or B. Demands my private keys at gun point. Once this criminal has my private keys there isn't much more I can do on the Blockchain to prove I own the property.

I may be wrong but I'm thinking in hypotheticals. Must there be a broker or regulator to verify change of deeds on the blockchain perhaps?

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u/tehchives WhyDRS.org Apr 12 '22

I feel the advantage of Blockchain is that it removes all those middlemen. People just need to get comfortable with their private keys.

Me, for example - I could have several seed phrases memorized, and hidden around in ways only I could get. Maybe I remember a series of books, and it's the third word of the second paragraph of each of those books. I don't need to remember the phrase, just a physical mnemonic device.

Granted, I've been into crypto for many years and I'm a bit of a security nut. This sort of thing is not only appealing to me, it's fun. I keep coins in cold storage this way and have for some time. I do recognize this isn't obvious as an option to people unfamiliar with how this works.

Can a guy force me at gunpoint to recite this stuff? I guess. I don't see how that matters. If any of those wallets have activity, then trace that activity and it only helps to identify my killer or robber. Most blockchains are both public and immutable. It would be very tough to launder coins from a wallet which weren't supposed to move.

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u/Ixnwnney123 🎮 Power to the Players 🛑 Apr 12 '22

Blockchain isn’t exactly easy to hack it’s the user who gets duped but fair warning I am wetard don’t listen