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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8/ So no, I don’t think ERC20 tokens are “inherently useful”.
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9/ More on token-asset linkage:https://twitter.com/hugohanoi/status/976601253634387970 …
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Had a similar experience pre-crypto: Transferred a TON of Amex miles to an airline, the airline went broke months later, bye bye miles.
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But if the company does well, your paid API key grows in value faster than Bitcoin. So it is like a stock.
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