Economic Interests Trump Technical Improvements...Always

Written by CryptoLema | Published 2019/12/12
Tech Story Tags: blockchain-and-cryptocurrency | bitcoin-vs-altcoins | erc20-token | cryptocurrency-innovation | store-of-value | what-is-a-token-economy | cryptocurrencies | cryptocurrency-top-story

TLDR Bitcoin has focused on technical innovation to the detriment of economic optimization. Bitcoin has lost about half its market cap to altcoins such as Dash and Bitcoin Cash. The value driving proposition in Bitcoin has been its ability to easily tokenize value (ERC-20), and manage and distribute that value. The efficient transfer of value within an ecosystem can spawn a large network of value added services tapped into the ecosystem. There are many other possible applications that can be built around optimizing the economics of a token around value.via the TL;DR App
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Published by HackerNoon on 2019/12/12
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