This is an interesting viewpoint. I like the idea that Leo could be seen as the central point of a larger ecosystem. I do have some concern about the point that Leo is being held and not sold. Seeing that Leo is not listed on any major exchanges (as far as I know) I think it could be a confounding variable in the argument that it is not changing hands very often. When a major exchange lists some leo tokens that they have acquired at some point I will be very interested in seeing what type of action follows that. Great points raised though and I am hopeful we will grow into a large ecosystem as well!
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The idea of LEO changing hands is counter to the idea of serving as an instrument of collateral especially in the early stages.
You are right, it is not on any major exchanges at this point. However, to be of service in the capacity I am outlining, the key is for it to be in strong hands, not having high trading volume. It can be acquired on Uniswap which rivals many centralized exchanges.
Nevertheless, it is non issue at this moment since the financial applications yet to exist in the manner needed for any of this to come to reality. That will have to take place over the next year.
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Fair counter there, I am now understanding the trajectory of your prediction much better. I do like the idea of it being an instrument of collateral, my fear always lies in what markets will do to pricing. When those financial applications do exist I hope we do find a collection of strong hands to balance out everything.
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