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six
@six
One problem is there are cool projects, and they have tokens, yet I have no desire to own the token, because I don't think it will go up.
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seneca
@seneca
why don’t you think it will go up?
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six pfp
six
@six
IMO the current fungible token market is dominated by trader capital (high time preference) and not investor capital (low time preference). Botto reminds me of something like Terraforms, where I am very bullish on their cultural relevance on high time frames, but not sold that the trader capital will care about it in the near term (kinda too nerdy, complex, etc.). I think you basically need the market structure to change for the market to catch up to what this sort of project's true value should be
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