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(0) Bitcoin (BTC) might be digital gold, Ethereum (ETH) is digital silver, or a very expensive digital utility coin (something that makes blockchain based protocols / apps operate), whereas Casper (CSPR) is a utility token, something that makes apps operate, and is meant for enterprises, institutions, and governments
No one knows how to value the coins and tokens, except that the larger the trading volume, the wider the following, the higher to price, and all benchmarked against BTC
CSPR is generally ranked between #90 - 120 against #1, that which is BTC
The cons and tokens are less equity and more currency, and currency in the digital domain
Can all blowup, relative to gold
My CSPR position is a little bit less than 3.3% of NAV, and ~16% of my physical gold hoard.
I have never sold any physical gold, and same re CSPR. I like counting both.
My cost basis is $0.034, and I hope CSPR shall reach $0.30, to de-risk, and if the eco-system goes well, have no particular reason to sell except to convert monthly yield into physical gold.
Who can know, maybe one fine day it goes back up to the hype pricing of $1.35, which would be anti-inflationary / anti-fragile. I could not have sold my CSPR hoard at the high because I was locked-in from private-sale, but for a a short period felt very extremely good , even as I kept my head knowing the goodness cannot possibly last.
CSPR can go to zero.
(1) Casper Lab own info is here youtube.com@casper_labs/videos
(3) All Casper (CSPR) tokens I have are at ~$0.034 cost basis accumulated during the private sale, ICO, and post ICO, all-in only slightly below the current pricing, continuous dropping due to the 8-11% APY on staking to secure the blockchain network
(4) My fundamental knowledge re blockchains are from a 24-episode course done by Gary Gensler when he was at MIT Media Lab, after he quit Goldman Sachs and before he took up the reign at SEC
...
The ethnic Chinese girl on the front role is cute, and knows it 5:52 mark, I think, if experience serves
