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Crypto in 2023: Predictions Episode
Empire
Then There's a Token That Doesn't Exist
There has to be money either you know equity debt or claim on cash flow in order for there to be value right a token that simply exists so people can trade it back and forth isn't value. The other piece that that needs to happen i believe is the the taking a portion of the transaction layer fees and friction and creating an insurance pool just like fdic does for the banking system. Think about every industry in the world none of them would function without a viable and robust insurance market, he says.
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