Quote from: kenCode on June 23, 2015, 10:29:02 AM

Quote from: Riverhead on June 23, 2015, 02:59:54 AM

Quote from: Erlich Bachman on June 23, 2015, 02:20:28 AM

That real world asset has value, and so does the blockchain token (bitcoin and BitShares).

Bitcoin Lesson 1.0 = blockchain tokens have value because people perform useful work to operate and protect them. Only after you fully grasp that concept can you graduate and move on to Bitcoin Lesson 2.0 which is that you can use these tokens when trading collateral values on a blockchain.

Congratulations Mr. Keiser for graduating (no matter how long it finally took you to learn this technical lesson). Now you can help your fans protect themselves financially, while they get into crypto.

+5% Nicely stated and a great way to explain SmartCoins to others.

Agreed, that was eloquent. +5%