Quote from: delulo on December 01, 2015, 09:41:24 AM

Quote from: Tobo on November 29, 2015, 02:42:05 PM

Quote from: delulo on November 29, 2015, 12:24:34 PM

In other words the tx fees are paid in iota tokens? If not what SPECIFIC action individuals do is driving demand for IOTA tokens?

Iota will enable nano payment and an efficient free market for IoT devices to trade data. In the IoT data trading marketplace, Iota tokens are the medium to trade data just like the Petrodollars in the international oil marketplace.

I think your next natural question will be "why is it possible?". It is possible because Iota has the potential to create the first IoT marketplace and companies and devices will have to use it. It is why Bitcoin is worthy much more than any other coins, first mover advantage.

Interesting thouhts. THanks for your comments.
What do you mean by "IoT data trading marketplace"? What would be examples for IoT data?
By "petrodollar" do you suggest that IOTA tokens would be the most liquid asset against all other assets like XRP has the most liquidity against all currencies in Ripple?

medium.com/@DavidSonstebo/iota-97592581f985