So what happens if a "token" is marketed as an investment? Because that's why most of us buy crypto, and that's how they're talked about most of the time. Yes, they can have utility and can be used for other purposes, but we like the investment potential of them, otherwise we wouldn't buy them.
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Fiat currencies are not marketed as investments yet trillions are invested daily into the forex market...people who are speculating.
Just because a token is not marketed as an investment does not mean that people cannot invest in it as such.
STEEM is such...it isnt an investment but a utility currency...of course people can still buy it on speculation if one wants.
I believe that is the difference.
Makes sense. Thanks for the clarification. :)