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RE: Why Will Ethereum Fail? by joseph

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ethereum · @joseph ·
$0.31
How many of those tokens are actual real projects. How many are made by one company with different faces?
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@contentjunkie ·
$0.42
Huh? What bearing does that have on the fact that not all projects dump ETH to fund themselves?
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@joseph · 
I do not understand your question. All token projects have a monthly burn rate, which means they have to convert ETH to fiat to pay bills, salaries, Lamborghinis etc etc...
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@contentjunkie ·
$0.12
"which means they have to convert ETH to fiat to pay bills"

No, not all projects have to convert ETH to fiat in order to pay bills. I gave you specific examples of projects that don't.

You've made the assumption that all projects sole source of funds is a pile of ETH they dump. Why? Take the example of TaaS they intend to BUY ETH in order to payout share holders with profits earned from their fund.
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