I skimmed the thread but didn't find the argument. Can you point me to it or rephrase it?
He was talking about something kind of off-topic because everything listed in the original post has/is it's own native currency:
Somewhat, except to the extent that some of the use cases of the coins listed there seem to revolve primarily around off-chain assets. A blockchain that relies on that for most of its value is probably doomed. Merely "having" a native currency isn't enough if the native currency is only of incidental significance.
I don't know to what extent this applies to the coins listed in the OP. It seems some of that will have to play out in the market and while we might have opinions on how that will occur, most (if not all) of those opinions will probably be wrong.
Nxt as presently used would be one example (included within OP under PoS). As I understand it (and correct me if I'm wrong), most of the value is presently accounted for via the asset exchange (as opposed to the the native currency being a store of value or used transactionally)
Bitshares and Ethereum are both "platforms" to some extent, which means whether they are relying on offchain assets for most of their value is more of a practical question that will have to play out over time.
But you do have UIAs which aren't based on feeds and ethereum ? There are no oracles in that one or price feeds gas is a market for fees how is that offchain? I don't see how either are relying on offchain for "most of their value"
As far as I understood.. Fiat pegs are generally used to achieve network affect and thereafter if these cryptos become usable by avg joe then there is a push towards pegging to other cryptos instesd and perhaps by then there will be atomic transactions implemented anyway so only real thing you would peg to is gold or something a prediction market may need.
