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I have a basket of [$BNB, $HT, $LEO and a few others] in my own portfolio, for the reason this [productive crypto asset] is relatively orthogonal to BTC as SoV/non-productive asset If Coinbase, Bitmex, Kraken issue their coins will have those in the same basket too

SBF

@SBF_FTX

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@DoveyWan

I always get tripped up when thinking about exchange token pricing. On the one hand, the valuations are HIGH. On the other hand, they're sorta like BTC except with, like, other benefits attached.

5:18 PM · Jun 10, 2019Twitter Web Client

Dovey "Rug The Fiat" Wan

Replying to

and

$HT and $OKB are ok valuation back then especially they issued in last bull, BNB was a venture bet.

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Yeah they were a *great* buy early on. Last April I calculated implied exchange values from $HT / $OKB based on launch prices and kicked myself for not having done it earlier.