Thoughts on Tokens
To me the two most provocative points made in this essay are that tokens could be used to fund open source projects and that tokens could be used to distribute some of the value in large successful internet companies like Google & FB to early adopters. I don't see how this would work though.<p>I buy a token for some random open source project (say a unit testing library because they link to one as an example). And then what?<p>Or I buy a token in a new social network that eventually becomes very popular. What does that get me?<p>They don't connect the dots on these ideas at all & I really wish they did. As it is it sounds like they're trying to gloss over something that doesn't really make sense when you try to think it all the way through.