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by dragonwriter 3040 days ago
Ledger technology has had a masdive impact on society, it's also very old.

But I think you are asking about blockchain technology, which is a different thing.

> What if they somehow pegged a token to their metrics, allowing them to remove a layer of abstraction and unlock value based on something closer to what really matters: the utility it provides people.

What makes you think any particular metric of theirs is a better measure of utility than stock price? If you've got a clearly-correct way to measure and aggregate utility, that's a bigger revolution than blockchain technology.

1 comments

Something I think is true that most people disagree with is that the importance of distributed-ledger technology is simply how it utilizes ledgers to create these tokens as an alternative to currency.

Stock prices are affected by metrics but the goal is to always monetize these metrics. Attributing a token to them turns them into an ends to monetization rather than just a means.

There's problems to solve going from there, but yeah I think going from unlockng value from users to unlocking value directly from use is a revolutionary shift.