3 is simply not true. The tokens lose all value if the airlines drop support for them or go under. Ownership of token != ownership of asset (in this case, real flight mileage).
Yes BTC is volatile but to think your OST token can have lower volatility / better liquidity than a $150 billion market cap currency is absurd. Seehttps://twitter.com/hugohanoi/status/976261795630407680 …
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Didn't BTC start out with being less than $1,- ? What was the market like back then? It didn't reach a 150Bil market cap overnight.. Look at how ETH grew due to network effects.
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Yes but BTC's goal has always been a better form of money - an *universal* token. Your OST token (if works) serves a much smaller market - companies who want their own branded tokens. And this:https://twitter.com/hugohanoi/status/976756908202668035 …
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#OST let's comanies of any size and any technical sophistication do it easy peasy (like said; in literally 10min I was up and running). That makes sense for businesses. It's hassle free, doesn't require recourses like blockchain developers and costs less. -
1/ Let me ask you this, do you agree with this? Do you really not see a problem with a future where there're a zillion tokens?https://twitter.com/hugohanoi/status/976601990078713856 …
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2/ You need to solve the centralization problem- OST cannot be a single point of failure if it's really to be used by many people/services.
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3/ I was going to type something but it's 3AM, my brain has stopped functioning & I need to go to bed
later 
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I really enjoyed the discourse! Thank you
I believe that blockhain nor it's assets will ever be a 'one purpose fits all' type of deal and why should it?
End of conversation
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the moment they fail, their price on the market would immediately drop to zero.