>>60939072
>Tokenization is a wonderful idea but seems just another dimension of fractional reserve dynamics.
It absolutely is at very high risk of fractional reserve fraud, and history suggest there will always be some who will do it. The main advantages for tokenization are the facilitation of e-commerce without going through the banking system and evading border restrictions/taxes on wealth transfer when travelling/moving.

The 24 hour realtime gold/silver market would just be a beneficial side effect. The bottom line is always: If you don't hold it, you don't own it.