Well, let me reframe the question a little. But if you don't think you want to engage, then so be it.

Tether is a pretty useful token, especially in countries where people want something like the dollar but have difficulty accessing it.

Still Tether is a company, so the tokens don't really stand on their own feet, I wouldn't invest in the tokens, you can invest in the company. Also the technology is kind of irrelevant too in some regards, they moved from ETH to TRON and now are using Lightning (unless I'm getting my stable coins mixed up). The company uses whatever resources it can find to provide a product.

There is also the standard risks associated with a regulated company, but it is kind of like a VPN money where the company has limited information about its users so the risks are mitigated to a point.

I think it makes sense to be excited about a public technology like bitcoin or the web, because people can build on it just like companies can.

Tokens are not really technologies AFAIK, they are products, so unless they are technologies that people can either copy or build upon permissionlessly, I think they don't serve a purpose that I am interested about.

I love the idea of tools and technologies empowering developing countries, don't get me wrong, but I'm always skeptical of a product that establishes, whether directly or indirectly, whether known or unknown, a master client relationship where people are not relying on the technology only, but also the existence of some entity driving that technology.

So...

Is there a token or a token standard or a token technology that you can recommend that I read about or look into based on my perspective?

Welcome

Post pic with shoe on head for verification purposes

#shoeonhead

Discord is just as bad as X so they'll ban him too sooner or later.

Please expand, because I don't see how these tokenisation projects do any of these things without critical compromises that reintroduces the trusted relationship between you and a service provider.

Especially less fraud.

That's if it's true.

This is just my hopium troll posting

My take is why even bother?

They seem to be a technology looking for a purpose. At best they are art, but they are also almost always misrepresented and sold disingenuously.

Most people don't buy these things because they are interesting or innovative, they buy and trade it because someone said it might be a way to make a quick buck.

Fiat tokens (stable coins) might provide some value, but just remember that they are private currencies that can be shut down and the value will be rugged involentarily.

Everything else on a blockchain is like putting aeroplane wings on anything and expecting everything to fly without the other things: an engine, propeller, aerodynamic shape, light weight material with sturdy structure...

A nostrich purple-pilled Kanye?

#nostr #plebs #asknostr

#bitcoinmemes #meme #bitcoin #memes #zap #nostr #memestr #nostrmemes