
Blockchain Special Part 1: Tokens
Blockchain Insider Podcast by 11:FS
00:00
What's the Point of Bit Coin Block Chain?
It's a complicated system of game theory to say whether this works, how it works, and it's not really anything that we're overly familiar with. I like to kind of compare ocurrencies, and especially when we get into the i c o realm, it's more clear but it's almost like you're buying a product from somebody that happens to also be their stock. If you're also paying fees, and that, um, it becomes really complicated. And that's why people kind of getting away from the early promises of it's very cheap to send money back and forth. It no longer is, and it probably won't ever be again.
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