If the success of eBay or even the show “Pawn Stars” is any indication, people are excited to transact in physical things.
if I were to sell everything I owned on Craigslist or eBay, how much could I make to put towards the boat? The same question posed to my stock portfolio was easy to answer, but if I decided to liquidate all of my holdings, financial and physical, how would I value my vast collection of random stuff?
every marketplace must be built on trust and transparency. …
The way things are sold now on eBay or Craigslist is via a marketplace for individual items. Making stock markets means moving away from custom pricing for individual iterations of a thing (the pair of Air Jordan Retro Space Jams in my closet) and towards a universal price for all iterations of a thing (all pairs of Air Jordan Retro Space Jams in existence).
suppose for a moment it all works. If every household in America could have a living portfolio for their things, how would that change society?