5min chapter

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029 - Jose Birkin: Montelibero, Libertarian Governance & Tokenomics

Free Cities Podcast

CHAPTER

The Bad Name of Blockchains

"What gives blockchains a very bad name other than the Bitcoin network is that many of them use their token in a kind of pre mind way to generate income for them," he says. "I don't think that's a reasonable business model, because you're basically selling your tokens to them." He adds: "Every time there's a bit of a pump, it never rises high enough, because they're always selling back into the market".

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