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I know you're being sarcastic but you know what has happened? All these exchanges issued their own tokens that is backed by NOTHING and have their own tokenomic
by intev 5y ago
I know you're being sarcastic but you know what has happened? All these exchanges issued their own tokens that is backed by NOTHING and have their own tokenomics. One of the reasons people assigned value to those tokens was the more you owned the larger discount you got in trading fees. In same cases better savings rate.
What's funny is it started the same way your clever little remark did but it didn't end the same way.
I think the really sad part here is you think that revisiting an old problem will lead us to the exact same old solution despite decades of advancement.
- spywaregorilla 5y ago> I think the really sad part here is you think that revisiting an old problem will lead us to the exact same old solution despite decades of advancement. I mean yeah. Traditional banking is very lucrative, especially at lower reserve requirements and capital investment regulations.