I am guessing, after reading your article, that Coindesk's article would have had 1% factual information and 99% opinion.
Bond instruments do not need to be tokenised. A token backed by a bond will be termed as a derivative and frankly it isn't backed by anything. Also, Berkley, I am sure, is looking for millions of dollars worth of funding and they would want it in one shot. Not launch a smart media token and wait to raise funds through an upvotes - I couldn't understand how else will they raise money.
Also, why will they keep reading millions of comments when they were elected to decide the best route for the citizens. I mean I am sure they have more work than to stay online on steemit all day and who decides whether those upvoting have any data to back up their votes.
Lastly, bonds are already tokenised in the sense that you can buy $100 worth of bonds if you wanted to and such bonds are classified as retail bonds. I doubt coindesk put any thought to their article.
this article seems to be from La La Land.
Actually, if you read the article, they want to start small, and bond offerings are too expensive for small needs. La la la la la. I don't agree with a word of it, but thanks for the comment.