Token Economics Explained

The blockchain originates out of the purely digital realm of Bitcoin. Thus blockchain networks themselves can only ever manage what is on the network. This is fine if the asset is simply a digital token, but going forwards we find ourselves increasingly wanting to use these networks to manage real-world assets, thus these value networks will have to interface with the real economy and this interface between the physical and information realms creates major issues. Economies are at the end of the day still very much physical systems of technology, land, natural resources, buildings etc. if we are serious about migrating our economic systems to the blockchain major consideration has to be given to that interface to ensure that the tokens are securely and accurately connected to their underlying physical assets. PUBLICATION PERMISSIONS: The original video was published with the Creative Commons Attribution license (reuse allowed). Link: https://www.youtube.com/watch?v=i1zGOjSuM7E ... https://www.youtube.com/watch?v=YwdZlm65B34