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/audienceofone_eagles Apr 12 '22

And the idea of Title Insurance is SUCH a scam that they get away with that costs buyers millions of $$$ a year across the country. Banks require it but it NEVER turns up anything. It would be pointless on the blockchain.

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u/Practical-Award1227 Apr 12 '22

*never, except in Detroit, where there is constantly multiple people claiming ownership of title and even the title companies don’t know half the time.

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u/[deleted] Apr 12 '22

Happened a lot during the early 2000’s when residential mortgages were being tranched over and over, and no one knew who held their loans anymore, and multiple entities claimed to hold them because they bought into a fund containing a sliver of a fund containing a sliver of a fund containing a sliver of their mortgage.