1 sat \ 1 reply \ @freetx 27 Dec 2021 \ parent \ on: John Carvalho on Synonym, Lightning Network Tokens, and Web3 bitcoin
There are valid use-cases for tokens that don't involve propping up fiat nor shilling shitcoins. A very common one I hear from clients is wanting to use tokens as reward points mechanism....
Idea is you get 1% of purchase price in loyalty club tokens, which can then be exchanged back for goods/services at some point in future.
Yelling loudly that people shouldn't use tokens, doesnt make the desire for them go away. It just forces business to find alt chains that support them.
Liquid has robust token support, but sadly its a federated and not totally "open" solution...
You can use whatever tokens you want, for a supermarket POV or whatever service.
But those tokens are totally different than to say "let's put your BTC into a trust account and then we give you some tokens to use instead". This is a total other story and can fool people.
And this is what many wants to do: to fool people (again and again) with tokens.
So, create whatever tokens you want, but I will not use them.
reply