more convinced than ever that everything becomes tokenized, but
less sure how tokens maintain value when anyone can launch one

or to put it another way:
- everything will be tokenized
- tokens trend toward zero unless they're meaningful

anyone have thoughts on how to solve the conflict?

99.999% of consumer products tend to zero, even those that retain utility.

Which don't? 

1. Cultural Significance: Luxury watches (Rolex), iconic cars (Porsche 911 nostalgic items (0G Nintendo). 

2. Scarcity: Fine art, rare books, vintage collectibles (baseball cards). 

3. Longevity: Cast-iron pans, premium knives, heirloom furniture. 

4. Intrinsic Value: Gold, Bitcoin. 

5. Timeless Innovation: Leica cameras, Fender Stratocasters. Utility + identity rarity = value retention.

Founder, designer, & product guy at /basepaint and /eigenlayer

it’s interesting how someone with money can choose to buy mainly things that hold their value, save them money over time (like pans that last forever), or appreciate (like nice art watches). it’s like your purchases cancel themselves out over time. it costs a lot to be poor