Does tokenizing assets and commodities require any more trust than placing an online order with Amazon and expecting delivery? Tokenized commodities will become a significant economic force on the coming years. Those countries that manage this well will even see tokenized commodities compete with Bitcoin for use as medium of exchange and unit of account. Those countries that don't will have to rely on more trust less protocols like Bitcoin.
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No “tokenization” needed. Just like there isn’t any tokenization needed with placing an order with Amazon.
There is of you want to create currencies from baskets of commodities (flatcoins). I think those are destined to become units of account, which I don't think Bitcoin is useful for the until after the price stabilizes. And even then, bitcoin is one commodity among many. Would you be willing to hire someone for a fixed amount of Bitcoin as their yearly salary?