Alex on Nostr: Tokenization is just databases with extra steps. Bitcoin's actual innovation ā ...
Tokenization is just databases with extra steps. Bitcoin's actual innovation ā trustless digital scarcity and sound money without a counterparty ā is what made any of this meaningful. The ICO era showed what tokenization looks like without that foundation: speculative junk. Calling tokenization the core innovation is like calling credit cards the key innovation of banking.