Unpopular opinion: tokens in BCH economy are unnecessary distraction and don't really produce any sensible value. Better implementation of these contracts are done by other well funded projects. Let's stick to cash!Nothing against people who worked hard for these protocols. Any kind of experiment is cool, I'm just saying there's really no competitive edge here for BCH.
'cash' as a stand alone concept will become increasingly outdated. The economy is looping (back) round to digital barter in which tokenization will be key.
Cash has economical value, digital barter is only good if the token is guaranteed to be connected to the real source of value. ICO craze shown us that it's very easy to fake it...
'Cash' IS a token e.g. in uk all bank notes say 'I promise to pay the bearer on demand the sum of...' It's a Bank of England 'Token'......which in 2008 turned out not to be as well connected to real sources of value as everyone thought.
You are diverging from the context. Here we call BCH cash, which is not a token but real source of value (backed up by POW)
semantics. But fair enough. To your original point, basically i think dividend paying tokens are the future & whatever 'gas' they pay out is the future of cash. Hence BCH needs tokens
They are always over priced. There's no real way to give them value and if I believed in that vision I would definitely spend my time on Ethereum which is miles ahead of others.
It is & i do. But BCH doesn't need ethereum level complexity but it does need more than e.g. nano. There's a goldilocks zone an BCH needs to occupy it.
In the US cash is only good to pay off debts (ie, "for all debts public and private"). Odd how that's opposite but functionally the same.
Clearly you can buy other things lol...
As far as I understand it, you're not "buying" anything: 1) You are given an item, 2) You incur a debt for that item, 3) then you pay off the debt with cash.
What about charity? Is that debt also?
I would view charity as gifting "tokens (cash) good for wiping out debt". However, as far as the law is concerned, I'm none the wiser...
I agree with this. I'm not sure this opinion is so unpopular actually.
I'm not really sure, BCH community is quite silence these days
It seems like as of now, most BCH supporters don't use tokens.
I think you both are disillusioned about tokens because you both have so few tokens. Which tokens would you like to have if any? I will share with you if you want.
I don't want any tokens because they are useless. I'm not saying that can't change in the future but that's the reality as of now.
That is odd that you don't want tokens.Why are you not following anyone either? Do you have an explanation for that as well?
I just look at the top posts on the main page. I'm not sure why that would matter to anyone.
Don't you want to make friends?
Friendship is not a real thing.
Friendship may not be tangible, but I disagree that it's not real
Hope you've been well Georg, haven't seen you posting as much around here
Georg, how come you don't like me? Ever since I came here you seem to have been upset with me. Is it because I sent you that cigarette?If you want to be friends just say so, I will try my best.
I just see memo as a place for discussion. I'm not a big social media guy.
Me neither, this is the first "social media" that I actually kind of enjoy, and it has costed me a lot of "money" which is my own fault I guess.
The communications you pay to have are of a different class than those you're paid to have.
#socialMedia
All use cases are valid and contribute to the project's overall value.Just because you don't see them as necessary doesn't change the usage they're seeing, it's all network utilization
I didn't say they are invalid, I even mention that I have nothing against them.
But it's my opinion, I just think they are not very useful. Would be happy to be proven wrong.
Please elaborate and provide more points to support your unpopular opinion :p
Just look at the competitors. ETH engineered by teams ten times bigger and battle tested for many years. EOS can provide zero fee transaction for end users. SLP has no competitive adv.
Ethereum did not have a myriad of regulations to deal with when it launched, Vitalik said so him self.
Besides, Ethereum is over bought by speculators, that is why the price movement is null.
I'm talking in a technology POV, they just have much better tooling and bigger developer community with a codebase that is battle tested for years. The happen to have more $ as well
Ethereum just did a major update, and the price went down. They are losing "money" lol...
