DeFi's Dividend Dichotomy: A Capital Market's History Lesson
The Value of a Token Is What It Does
If It Happened Onchain, Did It Happen In Real Life?
The Token is Not a Stock
Governance Tokens, Tech Stocks, Dividends, and "Utility"
The Meaning of Intrinsic Value: Crypto, Stocks, Hammers, & Gold
Code Is Not Law, Men With Guns Is Law