“MV=P…Que? Love and Circularity in the Time of Crypto” by Austere Capitalhttps://medium.com/@AustereCapital/mv-p-que-love-and-circularity-in-the-time-of-crypto-1626c8ac297f …
difficult to ‘artificially’ suppress V without introducing UX frictions
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It doesn’t have to be artificial. Using a work token model suppresses V and allows us to use a DCF. Something more artificial could be governance for users who hold tokens for longer than 3 months.
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Not every service/dapp/project lends itself well to the work token model. In fact that is probably <5% tokens right now. In my mind everything other than a handful of work tokens and SoV/Money candidates... will never accrue much value at best or are scams at worst.
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Agreed. Almost all fall short right now and most have a useless model in place that only creates UX friction.
End of conversation
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