Summary of Shermin Voshmgir's Token Economy

Excerpt From Summary of Shermin Voshmgir's Token Economy



#1



The Web3 is still in its infancy, and while it has the potential to disrupt many industries, especially money and finance, it currently lacks best practices and substantial education around its socio-economic implications.



#2



The industry keeps referring to Blockchain as if it's different from Bitcoin, creating an artificial divide that is often misleading. The Bitcoin token can, therefore, be seen as the currency of a distributed Internet tribe, called the Bitcoin network.