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AllianceBernstein

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Tokens, Power, Non-Jobs and Debasement: The case for strategic allocation to tokens

Tokens, Power, Non-Jobs and Debasement: The case for strategic allocation to tokens

This essay considers the role of tokens and crypto assets as investments. However, rather than just address this question within the narrow confines of investment theory, we approach it via the broader social and political role of tokens. Their growing acceptance raises questions on how the nature of money is ...

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