Why being 1$+ defeats the purpose of the token?
Why being 1$+ defeats the purpose of the token?
Jaxson Wright
Aiden Flores
READ THE WHITE PAPER
Evan James
i just went all in because it will be listed on coinbase. i don't have time for whitepapers
Austin Stewart
unironically a great investment rn. Biz hates it so that should tell you something about it. Also the being above $1 defeats the purpose thing is a meme.
Colton Wright
IF YOU READTHE WHITE PAPER, YOU WPULD KNOW WHY IT CANT GP ABOVE ONE DOLLAR
AAAAAAAAAAAAAAAAAAAAAAA
Isaac Cox
Infinite supply.
Aaron Garcia
agreed its 50 c
Benjamin Collins
does it specifically say $1? I saw the value equations a few weeks ago but didn't see the target value.
Easton Morgan
People mistake the purpose of the token for its value.
One of these uses of the Basic Attention token will be as a form of currency for the Brave browser and therefore people mistake its value for $1. Obviously it already has other uses, and will continue to develop more, and on top of that value /= one single use case scenario.
For some reason people turn off their brains when thinking about crypto use-cases, and return to basic dollar amount values and thinking that fiat would be a valid replacement for a token. There are a hundred reasons Brave needed its own token, and there will be over 20 use cases for Brave by this time next year. The value of coins and tokens is based on speculation, but BAT's value is low at the moment because there is much less speculation about its value. It already has a couple concrete uses (for example: can be used for donations in Brave, can be held onto for accumulation in wallets) and people don't value those very highly at the moment. This will change with 1. continued adoption of the Brave browser, 2. increased understanding of what the token actually does/can do, 3. Brave browser improvements, 4. Brave browser's pay-for-advertising model (to be introduced this year), 5. Coinbase listing, etc. etc.
Lots to be excited about with this token.
Nathan Thomas
ALL YOU HAD TO DO WAS...... REEEEEEEEEEEEEEEEEEEEAD