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If you want your token to be used as money, the only relevant metric is liquidity: how many USD/EUR/etc. are deposited into exchanges, bidding on/selling for th
by runeks 10y ago
If you want your token to be used as money, the only relevant metric is liquidity: how many USD/EUR/etc. are deposited into exchanges, bidding on/selling for the token in question right now?
To prove my point, imagine I have created a crypto currency with 2^128 currency units, and I sell you one currency unit for a thousandth of a cent. Result: my crypto currency is now the "biggest" in the world, with a market cap of ~10^35 USD.