utility protocols
2 statements across 1 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement May 28, 2018 by John Pfeffer · across every show →
Everything said about utility protocols, oldest first
May 28, 2018 bearish
Pfeffer predicts most native utility crypto tokens will eventually go to zero.
“They wouldn't just stop using it, but they might switch to a fee model where basically you're paying miners to maintain the network, but maybe you're paying them in digital fiat or a store value protocol that might be Bitcoin or something else. So I think that…”
May 28, 2018 bearish
Pfeffer predicts utility protocols will disrupt industries but tokens won't capture value.
“I think they're going to be successful. I think they're going to get a lot of users. I think they're going to be very disruptive. I think they're going to destroy, they'll create a lot of user surplus and destroy a lot of equity value. I just don't think the n…”