1/ My views on the future number of tokens are evolving. A few thoughts:
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2/ I used to think that there would only be a few tokens / coins that survived. While I still believe that most of the current crop of alts will die, I think we’re moving toward a universe of hundreds of thousands, if not millions, of tokens.
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3/ A majority of those will probably be security tokens, often representing real-world assets. This sounds onerous, but the only reason it is so is that switching costs are high. Once we have better interoperability & cross-chain swap solutions, switching costs get close to 0.
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4/ I do however think there will be a relatively low (probably 3-7) set of big winners in monetary use cases, meaning “general purpose money” coins, or those meeting the highest bar that
@nickgrossman outlines here:https://www.nickgrossman.is/2018/minimum-viable-economy/ …5 replies 1 retweet 21 likesShow this thread
not 3-7. more like 1-3.
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