1/ Exactly. I never understood why companies cannot build so-called "tokenized services" directly on top of established tokens such as BTC (yes, BTC was the original token). The whole category of "utility tokens" just doesn't make any sense.https://twitter.com/MaxFangX/status/976031730460012545 …
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At what point in the history of humanity did we have 1 to 3 coins?
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We never had internet money until today
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Global, open, borderless
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Also the Gold Standard in late 19th century was pretty close All of Europe was on it. That’s a big deal
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That is no where near an example of 1 to 3 currencies only existing.
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That wasn’t possible before the Internet. It is possible now.
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You haven't given any reasoning as to why the laws of economics implying the advent of crypto means for the first time in our history we will have 1 or 3 currencies only.
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Global currency reduces frictions of unneccessary exchange
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