The directive to get physical goods and resources of value out of the hands of the people and into the vaults of the elite continue... this time literally, with eBay.
Starting this year (2022), professionally graded trading cards, such as Pokemon, Yu-Gi-Oh and all pro sports cards now have the option of being stored in a collective vault.
This would allow the owner to buy, trade and sell their high end valued cards with stock market like speed and convenience.
No more packing and shipping and waiting for the physical card to arrive. No more risk of theft or damage during transit. You would receive a "digital photo" instantly upon purchase and if you choose, it can remain in the vault. Ready to be sold and transferred to another buyer (investor).
Plans for eBay to add even more varied collectibles for Vault storage in 2023.
"By 2023, the eBay vault will expand to include additional collectibles categories and luxury goods. Within a few years, the eBay vault is expected to hold up to $3 Billion in assets, making it one of the largest stores of non-governmental assets in the world."
https://finance.yahoo.com/news/ebay-lau ... 00025.html?
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The Ebay Vault
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dirtybenny
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rachel
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Re: The Ebay Vault
Capitalism is a cancer, Marx isn't wrong on his assessment.
Compound growth has switched to the 'sickness' market.
Compound growth has switched to the 'sickness' market.