Personal account of Paul van den Hove - CEO and CPO of @symbulls and the forthcoming TokunCash.
An entirely offline, high-entropy 24-word BIP39-style seed phrase can be generated using only physical randomness from common household objects (dice, coins, cards, books, board-game components). No
Destructive monetary deflation is a sustained decline in the overall price level of goods and services that is specifically caused by a contraction in the money supply or credit in the economy (a
Bitcoin guys think entire asset economies must simply vanish because of bitcoin. This is what I have started calling the incorporeality bias. They misunderstand or outright deny the life and death
In a truly private, secure token management system, you can do away with most of the ERC-1155 standard for the token lifecycle. The system only needs to create tokens or retire tokens (you would never