3) is big assuming you believe PoS is coming in 2018. PoS won't transition without a chain split. To many invested actors and infrastructure. What happens to smart contracts/dApps when the network fragments in 2? What if the dApp leaders disagree on which network to stay with?https://twitter.com/nic__carter/status/961645609127235585 …
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Ok, then it gets harder to see the long term value of any token that isn’t just utility-focused and seeking to solve problems instead of be an asset that’s tradeable in the speculative sense It seems like very few of these exist currently though
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Even utility tokens run into problems when they insist on centralizing their monetary policy/economic security. Most these projects will go to zero (or as low as a speculative crypto economy lets a dead asset go.
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Right, I mean explicitly utility or only evaluated in Bitcoin - is that viable? Basically, the projects are going to consume energy (electricity/resources/manpower) so they’ll have to interact with either the standing Bitcoin value or else be layered to the B blockchain right?
End of conversation
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