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Token Daily for Oct 8


TWEET OF THE DAY



"No one can shred your Bitcoin."


- Alistair on why Banksy didn't get into crypto, probably.
 

 
  

IN CASE YOU MISSED IT



⚜️ Binance just changed its listing fee policy. Going forward, the company will make listing fees transparent and donate 100% of them to charity. The announcement's been poorly received by Crypto Twitter and Reddit as users believe it to be a thinly veiled tax write-off intended to fund the BNB Foundation.  

For a complete list of today's trending articles, head on over here.


  

READ OF THE DAY



πŸ“– Utility token market cap and equity market cap are not comparable Stephanie Hurder on how a utility token issuance should be valued and how it compares to the value of an equity offering.


  

THOUGHT OF THE DAY


Opinions and observations from our readers. Have a thought you'd like to share? Reply directly to today's issue, and we'll review your submission.

Erik Torenberg:
 

"There are two factions within Austrian Economics: There’s the 'full reserve banking' faction, and the 'fractional reserve banking' faction.

I wanted to write a primer on what fractional reserve banking is, why it exists in the first place, and how that relates to bitcoin."



Erik provides a primer on fractional reserve banking, and weighs in on whether or not we'll have "Fractional Reserve in a bitcoin world" here.
 
      
QUESTION OF THE DAY 


Why is the intersection of crowd-funded games + blockchain that much more valuable than just the existing crowd fund destinations? 

Rupie Network's Austin Anderson weighs in
 

  
LAUNCHES & UPDATES 


πŸš€ TxTenna Samourai Wallet and goTenna have collaborated to launch TxTenna, a mobile app that allows users to send bitcoin without an internet connection. 
 

      

THING TO KNOW


Instances 

This process of creating a genesis block and associating it with a network is what we call an instantiation. And the chain of blocks that is built on top of genesis block is what we call an instance.

For a full list of crypto/blockchain jargon explained head on over here.

 

  
 



 

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