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RE: Do Cryptocurrency Speculators Fear Utility?

in #discussion7 years ago

This came up in the Bitcoin altcoin debate the other day. I posted about what Tony vays had said. I personally think utility tokens are not bad, I think it's a good step forward. Where we can globally take part in owning something.. Tony basically thinks that every coin besides Bitcoin is useless.. looking at coin market cap, you see a lot of coins that offer no real benifits to bitcoin . Then you see coins like steem that is powering social media and now videos.. and nlc2 coin that already has a working in use fantasy sports platform.. bitshares that is the safest, decentralized exchange. All working and in use..

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Yeah, Tone's maximalist perspective takes away from his rationality, IMO.