Except we haven't seen the run up yet. When the TMT bubble burst, it wiped out US$6 trillion. Total market cap of Cryptocurrency today is $450 billion with BItcoin taking up $160 billion. More capital will be destroyed if the S&P500 drops 2% https://t.co/tlzhS3cpXc
While this time might be different, crypto-currencies and tokens have all the hallmarks of all the big historical bubbles. The most analogous bubble is the late 90s TMT bubble. Significant capital destruction is likely after gigantic run up.
Given the amount of fake identities I have encountered on social media recently, I would suggest everyone claim their identities on Facebook, LinkedIn, Twitter etc before some fraudster does.
People ask me why the AVM ecosystem needs a token https://t.co/lRQWsze2Th and this is why: “The Token Sale of the Future: It’s Not About the Money” by @unblockedfuture https://t.co/M3GgwA2v5P
This is a great use case for the AVM Ecosystem. AVM is a regulatory compliant and yet offers all the features and efficiencies of cryptocurrencies. At the same time, a wide range of choices for asset classes https://t.co/2UuGzp4w5n https://t.co/0fIERsRI8S
This is a great use case for the AVM Ecosystem. AVM is a regulatory compliant and yet offers all the features and efficiencies of cryptocurrencies. At the same time, a wide range of choices for asset classes https://t.co/2UuGzp4w5n https://t.co/0fIERsRI8S
1/ My friend just asked me some advantages of tokenized securities: Right now it takes 3 weeks to transfer stock between brokers. With a token it will take 10 min.