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Francis Pouliot on the Network Effect of Money and Why Tokens Are Scams

Interview location: Skype
Interview date: Wednesday 7th Nov, 2018
Company: Satoshi Portal & Bylls.com
Role: CEO

Crypto tokens have come under increasing scrutiny over a range of issues:

* Are they unregistered securities?

* Do they hold any intrinsic value?

* Can they be a medium of exchange when prices are volatile?

* Are they scams?

Francis Pouliet, CEO of Satoshi Portal, recently entered into a Twitter
debate with Brave CEO and President, Brendan Eich over the BAT token.
Francis questioned both the legality of the ICO and the added friction for
users of the Brave browser when using BAT.

In this interview, I discuss the value of tokens with Francis, whether
Brave should consider using Bitcoin, the network effect of money and why
the value of all tokens will eventually go to zero.

Article posted 1 month ago

 
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