Accelerate THAT

Cooking a PSBT marketplace for Counterparty assets.

Sick!

On Block 952,500 Counterparty has AMM LPs. Woo! github.com/CounterpartyXCP/c…

This, but for tokens… Overtime, if the blockchain a token is on still works, even if the underlying team or project behind it has ceased to exist, the tokens will still be technically trade-able. It’s like a truism, all tokens have this property to them that they inherit from the blockchain they’re issued on. I think the tokens issued on Bitcoin have the strongest chance of existing in 2050, but there are many tokens on many chains that have much lower chances. Even if the technology still exists, the majority of remaining tokens will become economically untrade-able in the future because tx fees are higher relative to the value of the tokens themselves. It makes me think about @WRabbit1111 chart for early NFTs. As supply is lost and distributed, some older tokens could take on a collectible value different from the speculative value they once had which reignites the speculative value. But the underlying blockchain needs to still exist and have meaningful non-collectible economic activity going on. And that economic activity should price out or significantly reduce issuance rate and distribution of new tokens overtime assuming tokens isn’t the sole economic activity onchain to begin with. So, I think these are the conditions that could create highly volatile prices. There will be as many niche interests as there are people still using the blockchain. - Imagine stablecoin collections with different types of USDT, USDC, USD1 - Every variation of pepe or dog coins like collecting Coca Cola bottles - Or grandpa’s first shitcoin portfolio he left to his thot daughter’s gay son Distributed, with a lot of lost supply, and an immortal automated market maker plugged in. There will be collecting. This is why I stay bullish on things like XCP (2014) and PEPECASH (2016) on Bitcoin (2009). And I like ORDI (2023) and UNCOMMON•GOODS (2024). Bitcoin has the underlying economic activity going on, is likely to keep existing, making some tokens issued on it available for collecting and speculative manias which is the basis of the global economy apparently.