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>Utility tokens exist to provide access to a good or service on a decentralized, blockchain-based network. [...] Siacoin is specifically designed as a utility t
by pandalicious 9y ago
>Utility tokens exist to provide access to a good or service on a decentralized, blockchain-based network. [...] Siacoin is specifically designed as a utility token and has never been used for fundraising.
And yet it looks and behaves exactly like a speculative vehicle, just like all the other crypto coins.
- zherbert 9y agoThat's true, but that is not the point of the post whatsoever.
- amygdyl 9y agoThe secret beauty of junk bonds was they mimic equity and not debt for most of the issue life. Or, And the connection is maybe only easily appreciated by older hands on the trading floors.. Why could CME launch a bitcoin future? Because a) the agriculture department, b) Leo Melamed? It's all making square pegs fit round holes, for a regulatory gain.