But the logic there is: isn't it the same with

Question

Frax Finance

A T.

But the logic there is: isn't it the same with

any non-utility token too?

#cryptocurrency #english #frax

0

31.12.2021

8 ответов

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A T. Автор вопроса

DS
btc has utility as a store of value. I would never...

BTC is not really a store of value unless the market majority perceives it as such, which it is evident that it's actually seen as more of a risk asset

0

31.12.2021

DS

A T.
BTC is not really a store of value unless the mark...

I disagree, but it's not really a conversation I care to have because I don't care all that much. Haha 🙂

0

31.12.2021

A T. Автор вопроса

DS
I disagree, but it's not really a conversation I c...

Yeah honestly after asking the discord, we all agreed that the argument for paying 3X over the treasury value to buy BTRFLY and stake it because they would have to believe the team and DAO is talented and willl develop further utility for BTRFLY and the holders. In other words, it's mostly fluff

0

31.12.2021

Yoshio

A T.
Yeah honestly after asking the discord, we all agr...

Absolutely correct

0

31.12.2021

DS

A T.
Yeah honestly after asking the discord, we all agr...

I like the idea, but the valuation is stretched unless I'm missing something, which I may be!

0

31.12.2021