Viewing a response to: @dna-with-greg/can-a-service-token-increase-in-value
Separate out concerns: speculation and price .. Free markets are powerful speculation tools. Price in a large market cap asset is more stable. The base investment token can be speculative .. You could price assets in a market pegged asset with a price feed. Not sure how much work you want to put into that though. In short you can let customers pay without holding your token. Speculative investors and customers will hold the token. Build your trust in free markets, check out Austrian economics and understand the deception we have all been under based on kaizen economics. Long story short, I don't think it is a bad thing that prices can rise and fall so much as long as that is expected.
| post_id | 46,552,103 |
|---|---|
| author | jamesc |
| permlink | re-dna-with-greg-can-a-service-token-increase-in-value-20180502t133303396z |
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Thank you for the reply. I do appreciate that a large market cap will stabilize our price & in the end the market will get the final say anyway... maybe I'm trying to swim against the riptide and would be better riding along awhile and seeing where to goes.
| post_id | 46,560,331 |
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| author | dna-with-greg |
| permlink | re-jamesc-re-dna-with-greg-can-a-service-token-increase-in-value-20180502t142558611z |
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Qualitative and very vital points raised here @jamesc. I just learnt something Sir.
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| author | phait |
| permlink | re-jamesc-re-dna-with-greg-can-a-service-token-increase-in-value-20180502t231539064z |
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