Franklin Bi

…understanding how protocol technology can be funded and monetized, but it is important to note that protocols are not intrinsically valuable. A protocol is only as good as its products.

… the barely trodden next generation tokenized asset world. Retail investors will all learn what the Howey Test is. Gold, Fiat, Stocks, Bonds, Renewable Energy Credits, Loans, Liens, Titles, Life Insurance, Loya…

…should be greater value to the counter-parties of a transaction and less value to the intermediary. Moreover, there will be anthropological research and writing on the value (or lack thereof) of the “middleman” in 2017 similar to the way Nobel laureate Ronald Coase explained efficiencies in “The Nature of The Firm”.