that’s big talk coming from someone whose portfolio is filled to the brim with these worthless shitcoins 

pic.twitter.com/VMlRKWsT0y
Cryptocurrency Analyst. Bitcoin, not Blockchain. Angel Investor. Previously @Princeton.
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that’s big talk coming from someone whose portfolio is filled to the brim with these worthless shitcoins 

pic.twitter.com/VMlRKWsT0y
Wasn't looking for a fight but appreciate the stalk.
And explain to me why they are shitcoins; I've done my research, looks like you haven't.
either a cryptoasset is a dominant store of value, or its worthless. soon you will realize this as well.https://medium.com/john-pfeffer/doubts-about-the-long-term-viability-of-utility-cryptoassets-db04350b1f55 …
I appreciate the info, I skimmed through it. However for me, the key threshold to even consider buying an altcoin was that the token actually has value. I have also attempted to not just put money in, but to buy a % of the total supply - reduced supply = increased demand.
you don’t need a separate token for each use-case... all the tokens are competing to become money... also simply reducing the supply doesn’t increase demand in and of itself, read this:https://www.coindesk.com/blockchain-token-velocity-problem/amp/ …
GimmickCoin Retweeted GimmickCoin
Other criteria I assessed.
https://twitter.com/Danospano92/status/1031025863918141441?s=19 …
I am aware this is a speculative investment but the potential reward is very real.
Taking partial profits from these alts will also allow me to buy more $BTC then I would have if I had simply bought it originally - % gains.
GimmickCoin added,
all of these projects don’t need their own token... all the ICOs were just easy fundraising schemes, scams.
Last comment;
It is likely impossible for a single cryptocurrency/platform to efficiently handle EVERY use case that blockchain will achieve and the volume that comes with it - this is apparent in $BTC & $ETH's current limitations.
If I'm not wrong, a cross-chain interopability solution will easily allow $BTC (or whatever is dominant) to easily convert to native tokens.
that would reduce the need for native tokens even more, making them absolutely redundant
If 1 currency were to be used globally for everything, then when communicating with other chains, wouldn't the transaction still need to be validated on that currencies chain? That would return to inability to process everything efficiently. Correct if my understanding is wrong.
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