Founder of 1confirmation: There is a huge difference between trusted neutral value stores and corporate currencies, which usually have a high internal shareholding
According to online reports, Nick Tomaino, founder of 1confirmation, wrote on the X platform that there is a huge difference between a credible and neutral store of value and a "company coin", and understanding this is the key to getting rich or poor with cryptocurrencies. 1. Corporate currency has a high internal shareholding ratio, a highly coordinated marketing narrative and jurisdiction. Early purchases can make you a lot of money, but you must seize the opportunity to sell it before the market finally ends. Value depends on revenue (just like a company), with limited room for growth. The hype will always be enthusiastic, but there will always be new shining goals worth pursuing. 2. A credible and neutral value store with low internal shareholding ratio, effective early global ownership allocation mechanism, decentralized marketing and freedom from jurisdiction. Value is based on belief that there must be firm believers willing to hold the asset, not any other asset in the world. A credible and neutral store of value is the world's most promising investment opportunity, with a potential market value of more than 100 trillion US dollars. Most people tend to jump in and overinvest in corporate currencies, while paying insufficient attention to credible neutral value storage tools.
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