Stock-Markets have themselves been a “Game” for the Rich going back Hundreds if not Thousands of Years.
“Stocks” refers to Cows and Sheep, in Traditional English.
Company Shares and Corporate Growth took over Agri-Stocks and have in many ways peaked.
The Financial Industry needs new “Vehicles”.
The next “Vehicle” that they are all going to jump into is the conversion to true Digital Currencies.
We have a hybrid-digital currency now in the form of the AUD but it’s value is only backed by Police/Military Force. I’m not trying to over-agitate anyone there but that’s how it is.
Digital Currencies aim to be backed by Agreed Value in a Computational Challenge that you can only do with sophisticated Computer Equipment.
The ASX might be introducing it as a game but it is going to be incorporated into their product offerings and Stock Markets all around the World are doing it as well.
New Economy, New Finance, New Bank Speech given by Mark Carney, Governor of the Bank of England