RE: Now here is a refreshing take on an old story
To use your semantics then...
When a real economy is tokenised I see the potential for it to be more inclusive by the way value is transferred.
how? bank notes are inclusive as well. much like tokens you either hold them or not. sure many people don't have a bank account but have an internet connection but that is rather another technological issue which has been long solved with plastic money.
Also if it correctly designed and implemented then there are less parasites to suck value out of the economy.
I don't see how this can work better. How? What is the advantage of the token economy that will repell parasites?
The parasites generally siphon out the portion that would do the most good at the grassroots level.
very poetic but I don't see how. give me one advantage how the token will have over fiat or the most basic plastic/electronic card.
(if you are going with the inflationa and printing of money ..then i will bring hard forks—which will be the case over and over again making the system even more centralised).
Perhaps you should think along the lines of fee-less micro-transactions.
Fiat systems are expensive to operate and slow. That gives fiat systems the excuse to charge fees and that burden usually falls heaviest on the ones that can least afford it.
The token economy is peer to peer... no third party required and hence no exorbitant parasitic fees.
Token systems also give identity and reputation to sectors of the population that are informal and identity-less.
The current unidentified and unbanked.
Those that, under current systems, are totally ignored... perhaps not much of a problem in the US but maybe you should come for a visit to Africa or the rest of the third world.