shazow
@shazow.eth
A common blockchain criticism is "why can't we just do this but without speculation?" Is there a good layman explainer we can link to on why blockchains require a native token with financial value?
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Andrei O.
@andrei0x309
Coming from someone who wants to see capital power diminished, the reality is that capital is needed in order for any project to survive, if that wasn't the case, like if we lived in a different world where capital was not needed to survive decently then a native token would not be needed for the network, as people could sustain a network just by being interested in it. In layman's terms, the native token is there to create revenue for a network to at least cover the compute costs, but sometimes will also create profit, that's not 100/100 required but covering the cost is.
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