"Token" for blockchains should be like "packets" for general internet stuff. Nobody but geeks should really have to know about them. The lowest level retail user abstraction should be some token equivalent of "session" in relation to packets.

By analogy to TCP vs. UDP, we're now in the UDP stage of "tokens" where the lack of hard guarantees on key behaviors means you can't quite abstract away from the low level but you get certain kinds of high performance analogous to "speed" for UDP.

Maybe regular tokens are like UDP and stablecoins are like nascent TCP?

Low slippage would be analogous to low packet loss visible to users

Blogger at ribbonfarm.com, running summerofprotocols.com, host of /gloom ☀️

director of product @seedclub. i host S-TIER @ X Spaces & i interview crypto builders @ web3galaxybrain.com.

Wrong question. It’s about intelligently leveraged utility in applications, not about token speculation.

where would the gains for the little guy be in such a system?

tokens - packets
profiting from tokens - ???