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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (12516)12/15/2021 2:29:02 PM
From: w0z  Respond to of 26623
 
What I don't see is what drives sky high valuations for one coin type when you can use the technology to make others, much like Beanie Babies.....


Tokens (and blockchain networks) have unique use cases and utilities, just like stocks. Not all stocks are the same.



To: Kirk © who wrote (12516)12/15/2021 4:02:22 PM
From: w0z  Read Replies (2) | Respond to of 26623
 
I don't pay brokers today for transactions as they are free


I was referring to RE brokers, but all financial fees will approach zero as the middleman is removed. You'll have 24/7/365 trading in all financial markets, just as with crypto today. Fees on wire transfers, and cross-border payments will also approach zero, and occur in seconds rather than with a 3 day delay.

Essentially any business that involves a middleman is at risk of obsolesence.