Tokenomics

Summary

In this chapter, we put forward arguments that bitcoin is and will continue to the be the reserve currency in the crypto universe because it is the only true decentralized currency that not the SEC nor any other regulatory body can sue, shutdown, or attack. It has this unique equilibrium between the users or consumers of the service, miners who secure the network and the core group of people who look after the code on Nakamoto's behalf.

Bitcoin is the killer app, at least for this decade. In the next decade, we will be looking out for that killer smart token, as more and more tokens will be created for everything soon, bringing us to token saturation and then a consolidation. Tokens will become smarter and with the advancement of AI and ...