Token Economy

[Cass LeChat]

So it's interesting hat there hasn't been much discussion on here about how the introduction of the token economy helps or doesn't help bitcoin. I like these assets built on the blockchain because there's a lot of space to make interesting games with them, which I think the bitcoin economy is kind of lacking right now. There's a few but by and large most of them are gambling or dice games that few people in the mainstream are going to be into.

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[BellaBitBit]

In the general description of token economy you see the phrase "behavior modification" - the more that people adapt to a token economy the more people will adapt to Bitcoin in general.  there are many psychological components getting people used to and involved in Bitcoin.

[Cass LeChat]

In the general description of token economy you see the phrase "behavior modification" - the more that people adapt to a token economy the more people will adapt to Bitcoin in general.  there are many psychological components getting people used to and involved in Bitcoin.

Yeah, exactly. That's why I think games would be a great way to bridge that over. When I download a new game, I'm interested in learning the tech so folks can get involved with a game because it's interesting, or cute, or whatever - then get interested in the tech the game is run on, and then see that the blockchain is not limited to the game at all.

[arbitrage]

Yes this is what i call free world and free trade!
Tokens are more than welcome, and we will tread them with BTCs
I'm sorry first token URO coin has failed, but future will bring more solutions.

[Cass LeChat]

Yes this is what i call free world and free trade!
Tokens are more than welcome, and we will tread them with BTCs
I'm sorry first token URO coin has failed, but future will bring more solutions.

There are some tokens out there doing well. the LTBCoin token has been rocking for a few years now, and the BITCRYSTALS token is playable with the Spells of Genesis game. I'm working on a token-collecting game. Backed by the blockchain, it would be cool to see more entertainment properties come out.

[calkob]

So it's interesting hat there hasn't been much discussion on here about how the introduction of the token economy helps or doesn't help bitcoin. I like these assets built on the blockchain because there's a lot of space to make interesting games with them, which I think the bitcoin economy is kind of lacking right now. There's a few but by and large most of them are gambling or dice games that few people in the mainstream are going to be into.

I think in the long run they can only help Bitcoin,  it means that everyone has an interest in the bitcoin blockchain not just bitcoiners, counterparty, Sjcx etc etc

[arbitrage]

It is good for bitcoin because you can buy it with bitcoin.
Real purpose of bitcoin is to be digital money, and here we go.
More tokens more BTCs users..