The current system, the way it's done, if you want to go own a piece of that hotel i'm talking about, called hotel ella an downtown austin, well, right now you can't get in. But on the block chain, we could drop those costs, theoretically, down to cents to pennies, really. And also massive for people who are sort of house rich, but cash poor, right? And their home could be worth a hundred and 50 thousand dollars; they have no mortgage,. They don't do anything with what they sell because they're debt-free. So some one can say, oh, you know what, why don't you? It can
Peter Rex is the founder and CEO of Rex, an ecosystem of tech companies headquartered in Austin, Texas.
Top 3 Value Bombs:
1. The public square of today is online. If that’s controlled by people that have radical position and are willing to manipulate and exploit people, that’s a dangerous and peculiar position for the population.
2. Wealth divides the real issue. We’ve got to figure out ways for people to participate in wealth creation for themselves.
3. The current system, the way it’s done, right now you can’t get in. It’s not about people conspiring against other people getting in, it’s because the system has too many hands involved.
Creating New Tech Leadership to Serve People - Peter Rex Website
Sponsors:
HubSpot: Learn more about how a HubSpot CRM platform can help build, maintain, and grow your customer relationships at HubSpot.com!
Gusto: Easy-to-use payroll, benefits, onboarding and HR tools! Get 3 months FREE when you run your first payroll at Gusto.com/fire!