Can anyone explain why VIB has fundamental value? You get paid out in VIB, but there is no need to hold it, you can just convert it straight to BTC. With atomic swaps coming up this will even go faster.
So even if VIB has enormous usage there is no point in holding it as far I can tell.
Is there any system which locks in VIB? For example , holding VIB in a wallet before you can contibute, so regular contributers have an incentive to hold at least a small amount.
Being a usage token, VIB needs incentives to be locked up otherwise its doomed to go to zero in the long run.
Also see this post:
https://multicoin.capital/2017/12/08/understanding-token-velocity/Glad to hear counter arguments.
Thx.