The main misconcept regarding crypto tokens and coins, is that "they have to capture value".
It's simply not true.
This is partially the reason that crypo will always be a 100% extraction market and not value capture. It MUST represent a share in the business or capture a % of the business value in real terms, but they don't.
Best case to date is tokens that capture part of the revenue. But ultimately the bridge that has been built across a river, does not capture value.
Think the dartford crossing, it's the people who tax or own the crossing, that capture value.
Same for blockchain technolo
It's simply not true.
This is partially the reason that crypo will always be a 100% extraction market and not value capture. It MUST represent a share in the business or capture a % of the business value in real terms, but they don't.
Best case to date is tokens that capture part of the revenue. But ultimately the bridge that has been built across a river, does not capture value.
Think the dartford crossing, it's the people who tax or own the crossing, that capture value.
Same for blockchain technolo



















