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© 2020 Relevant Protocols Inc.
A focused study group for the discussion of economics and economic policy.
32203 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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One of the main narrative headwinds against digital assets since their inception has been the claim that they have no intrinsic value. The notion that blockchains do not have revenues like conventional businesses has presented a roadblock to some investors, while others simply consider blockchains as a type of commodity or a social network that doesn’t have or need any intrinsic value. The main problem with this impasse is that without a fundamental understanding of what digital assets are, it is hard to understand what economic good they produce, how they can be a net benefit for the economy & society, and why they are a better alternative to the existing financial system or internet economy.
One of the main narrative headwinds against digital assets since their inception has been the claim that they have no intrinsic value. The notion that blockchains do not have revenues like conventional businesses has presented a roadblock to some investors, while others simply consider blockchains as a type of commodity or a social network that doesn’t have or need any intrinsic value. The main problem with this impasse is that without a fundamental understanding of what digital assets are, it is hard to understand what economic good they produce, how they can be a net benefit for the economy & society, and why they are a better alternative to the existing financial system or internet economy.
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