1confirmation founder: There is a huge difference between trusted neutral value storage and corporate currency, but most people are keen to speculate on corporate currency

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MarsBit
05-31
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Mars Finance News: Nick Tomaino, founder of 1confirmation, posted on X platform that there is a huge difference between credibly neutral value storage and "company coins", and understanding this is key to getting rich or going broke in cryptocurrency. 1. Company coins have high internal shareholding ratios, highly coordinated marketing narratives, and jurisdictional constraints. Early purchases can make you a fortune, but you must time it right and sell before the market ultimately ends. Value depends on revenue (like a company), with limited upside potential. Hype is always intense, but there are always new shiny targets worth chasing. 2. Credibly neutral value storage methods have lower internal shareholding ratios, effective global early ownership distribution mechanisms, decentralized marketing, and are not constrained by jurisdictions. Value is based on belief, requiring steadfast believers willing to hold the asset over any other asset in the world. Credibly neutral value storage is the most globally promising investment opportunity, with potential market value exceeding $100 trillion. However, most people tend to dive in headfirst, over-investing in company coins while paying insufficient attention to credibly neutral value storage tools.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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