01-01-2020, 05:42 AM
There's No Logic Behind Most Crypto Economics
<!-- SC_OFF --><div class="md"><p>the more I learn about cryptocurrencies, the more I can't understand their logic. Look at the biggest altcoin foundations. Ethereum foundation, litecoin foundation, IOTA foundation, and even a for-profit Ripple company. Like, literally, every single one of them has a very flawed business model. Their entire existence depends on dumping their own tokens. I mean, WTF. what makes them think this is a sustainable business model?</p> <p>Imagine if Microsoft's business model is just dumping MSFT stock, would they survive? Imagine if Apple's business model is not selling iphones but AAPL stock. That's how cryptocurrency companies work. Dumping their own tokens to the bagholders without any consistent source of income. WTF...</p> <p>Why can't they think of a better business model?</p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>the more I learn about cryptocurrencies, the more I can't understand their logic. Look at the biggest altcoin foundations. Ethereum foundation, litecoin foundation, IOTA foundation, and even a for-profit Ripple company. Like, literally, every single one of them has a very flawed business model. Their entire existence depends on dumping their own tokens. I mean, WTF. what makes them think this is a sustainable business model?</p> <p>Imagine if Microsoft's business model is just dumping MSFT stock, would they survive? Imagine if Apple's business model is not selling iphones but AAPL stock. That's how cryptocurrency companies work. Dumping their own tokens to the bagholders without any consistent source of income. WTF...</p> <p>Why can't they think of a better business model?</p> </div><!-- SC_ON --> Kind Regards R