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Well written. Also h/t to Chris Dixon is to think of tokens as primitives of web3 (similar to websites for web1/2) but programmable. At peak interoperability, what was a relatively passive website in web2 (changing acc. to cookies, now more or less dead) transforms in web3 to a tailored experience based on token connecting to it.

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Thanks George! Here is a link to a blog post on this topic from Chris if anyone is interested: https://cdixon.org/2017/05/27/crypto-tokens-a-breakthrough-in-open-network-design

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