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It uses Bitcoin. Some might consider that a token.
by dubswithus 4y ago
It uses Bitcoin. Some might consider that a token.
- Geee 4y agoYes, but in a different way. Web3 has a token for each app, and these apps are just marketing vehicles to pump the token, so nothing useful gets built. It's a thoroughly broken model.
- dubswithus 4y agoBAT is pretty useful. I earned BAT by opting into Brave rewards and viewing ads. I donated about $20 to an open source contributor on Github (had him sign up as a creator). My point is really that people say no token is useful but they only know about 10 out of 10,000. Imagine only knowing about 10 failed startups and then proudly claiming: the business model is broken!
- Geee 4y agoYeah, but you can do similar thing with bitcoin. BAT/Brave is cool, but every app having their own currency isn't useful, expect for speculation purposes. It's like having to use different currencies for buying different products in a grocery store.
- dubswithus 4y agoPretty much every major crypto exchange lists BAT. It's incredibly liquid. So I don't think your grocery store analogy works because in this case the grocery store takes like 100 currencies. Bitcoin also has its own limitations compared to smart contract platforms. And not everyone is cool with buying the bags of Michael Saylor and Nayib Bukele. We have multiple social media platforms and multiple search engines. We can have many cryptocurrencies.