Nick Szabo  🔑

34/They either assume a) someone else knows the why the dapp is valuable or b) someone else thinks someone else knows why it’s valuable

35/Bottom line, a cryptocurrency has ZERO fundamental value if the dapp has no value to a human

36/Show me a dapp that people NEED (or believes they will soon need) and I will show you the price of that cryptocurrency going up over time

37/Show me a dapp that NO ONE RELLY NEEDS and together we can watch as the value of its cryptocurrency goes to zero

Good thread. Just want to argue a bit about censorship resistancehttps://twitter.com/giyom/status/888251611272798208 …

Yo Giyom! I like your points. I actually WANT you to be right.

But I can't think of one example of transactions "that otherwise would not have happened" outside of the intermediary stopping it. Can you?

I am arguing mostly about the use of "censorship".