Got ninja-launched into a virtual networking breakout room this morning.

Someone said:

“I think we need to rebrand the industry. Bitcoin has a negative connotation. Crypto has a somewhat negative connotation.”

…then proceeded to repeatedly say bitcoin is vaporware and that they’re only interested in tokens backed by real assets.

They’re building a “TREIT” (tokenized real estate investment trust), which is a portfolio of tokenized real estate deals. Their goal is to launch a toke for the portfolio, essentially “a token of tokens”.

…now what in the world could have given crypto its ‘somewhat negative connotation’?