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RE: Bitcoin will go to $1M / Why other cryptos won't (part 2)

in LeoFinance4 years ago

Totally agree. Until there is a way for tokenholders to extract value from the tokens they hold, I don't know how you can call owning any of these things anything other than speculation. I DO believe that someone will invent a measuring stick at some point. I also think there will continue to be a focus for new tokens to provide an answer to that question. But, when you're talking about coins/tokens that continue to inflate their supply, there's always going to be a negative drain on value through dilution. There needs to be enough to circulate and get them into a lot of different hands (although with fractional amounts that is not necessarily true either) but at a certain point I think there needs to be a cap.

Still a long way to go before there's any real maturization of these markets. A long way.

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