Sep 5, 2018 · 1 min read
Wow! Thanks for writing this. The learnings I’ve gathered from the current market have bewildered me… The token economy we have today— thousands of projects that have raised money to launch coins/tokens that are traded by retailers, market makers, issuers to promote token value/pricing across exchanges that extract some % from every transaction. The same volume of money circulating through said exchanges by bots, investment pools, retail traders looking for in-and-out pumps (most cases). The same money being traded out at hopeful heights back to Eth, back into the next pump. Crypto valuation thinning in a prolong bear. No one talking about retail adoption… until now. Thank you Richard Black!
