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March 06, 2017, 01:24:48 AM |
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What is the point of investing in waves currency? My understanding is that it is like ripple, a token in the backend that all other assets can be priced in, and which can be used to facilitate exchange, including fiat currencies. But if that is the case, then where is the value in the token? Plus, if it it is cheaper for me to make my exchange using ripple (or using any other exchange), then the value of waves goes down.
If a wave was a share in ownership in the platform (eg, iconomi), then I could see investing in it, but waves is distinct from the waves platform. And any currency can be used to transact on the waves platform, including bitcoin, ethereum, etc.
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