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IPFS News Link • Business/ Commerce

20 Years Lashed to the Mast

• https://www.deepcapture.com, Patrick Byrne

Foremost among my thoughts is how badly I feel for the shareholders of OSTK who had a tumultuous and, in the end, disappointing ride in 2019. I feel horribly for them.  Anything I might say beyond that sounds defensive. So I will stop there for a moment, simply to reiterate that point: I feel terribly for what happened this year. Like others, I thought you would be riding a stock many multiples of its current valuation by now.

Having said that, I will bring some additional thoughts to your attention.

By no means whatsoever should you give up hope for the firm.

The killer app of the blockchain revolution is security tokens. You have seen my calculation that the industry of security token exchanges may be worth a lot. It may be like owning the Google Search Algorithm in 1995. tZERO not only has a commanding lead, as far as I can tell, most of the competition in this field is fading, and tZERO's lead is lengthening.


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