In case you haven't seen, @DanielKrawisz wrote
http://nakamotoinstitute.org/mempool/appcoins-are-snake-oil/ …
a few years ago which covers similar ground.
This paper supports my point that exchange tokens are likely to have low value (post-speculation), due to velocity (and less hodler appeal). I also think use tokens (ie Storj) will be valued at the (low) price of the use. Only value-store tokens can finish with high value.https://twitter.com/jlppfeffer/status/946781894770864129 …
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Yup, glad to see traditional investors realize this too.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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