Nick Tomaino, founder of 1confirmation, stated on the X platform that there is a significant difference between a credibly neutral store of value and a "company coin," and understanding this is key to either getting rich or poor in cryptocurrency.
1. Company coins have a high internal holding ratio, highly coordinated marketing narratives, and jurisdictional control. Early purchases can make you a lot of money, but you must time it right and sell before the market cycle ends. Their value depends on revenue (like a company), with limited upside potential. The hype is always intense, but there will always be new shiny targets to chase.
2. A credibly neutral store of value has a low internal holding ratio, an effective global early ownership distribution mechanism, decentralized marketing, and is not subject to jurisdictional control. Its value is based on belief, requiring steadfast believers willing to hold the asset over any other in the world. A credibly neutral store of value is the most promising investment opportunity globally, with a potential market cap exceeding $100 trillion. However, most people tend to dive in and over-invest in company coins while paying insufficient attention to credible neutral value storage tools.