RE: What is the inner value of tokens?

avatar

You are viewing a single comment's thread:

Thanks for sharing your "bankers wisdom" with us... :) These two things are indeed one of the most important, especially in the crypto world...

Bitcoin is specific as it is the "oldest" coin, and besides all his specifications, I think that the value is also that he has no "owner"... It sounds weird, but I do think that it is his advantage...

Regarding ETH, it's totally different from BTC, as its main strength are smart contracts (not just fancy tokens... :P ), and it wasn't planned to has "value" and be used as money... more like a super-computer...

Back to distribution and use case... I would agree that they are important, but our HiveEngine tokens are a bit specific... I have to admit that I don't like how they are centralized, and how the creator of coins can easily "change the rules of the game"... Also, creators can mint additional coins when they want, which is also a big red flag... Unfortunately, a lot of owners do that and harm their own tokens, maybe not knowing that... Or, knowing... :)



Made in Canva

@thisisawesome Moderator


This is Awesome Content, and it will be manually curated with an upvote of 65% from @thisisawesome (will be done today), and it will also be included in our Awesome Daily Curation report in category Awesome CTP Curation for more visibility.

The goal of this project is to "highlight Awesome Content, and growing the Hive ecosystem and the CTPtalk tribe by rewarding it".


Source

Posted Using LeoFinance Beta



0
0
0.000
2 comments
avatar

our HiveEngine tokens are a bit specific... I have to admit that I don't like how they are centralized, and how the creator of coins can easily "change the rules of the game"... Also, creators can mint additional coins when they want, which is also a big red flag...

This is a very important point. It's totally true that most tokens have like an unlimited supply and owners can issue new tokens whenever they want. The token prices can also easily be manipulated. Most tokens don't have a sound concept behind them and over time the actions of the owners tank the token...

With Hive-Engine tokens the notion of trust in the owner is very important. Thanks a lot for your great comment!

!ENGAGE 20

0
0
0.000
avatar

Thank you for your engagement on this post, you have recieved ENGAGE tokens.

0
0
0.000