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Token issuance is analogous to a loan economically (it creates new money supply) and in terms of its ability to finance economic growth. Anyone can do it, which
by barnabee 5y ago
Token issuance is analogous to a loan economically (it creates new money supply) and in terms of its ability to finance economic growth. Anyone can do it, which is a massive improvement on access to finance today (or, in some countries, would be if not for outdated securities regulation).
Given that each token is traceable, it is very clear what risk one is holding if one holds a basket of tokens, much more so than for holders of bank equity or securitised loans.