There is no agreed distinction between a "Token" and a "Coin"
It's often said that a "Token" cryptocurrency is one which has "wider functionality" than "payment". It has a practical use. But this is not a good definition, because no
Bitcoin -> [Synthetic] Commodity Money
Storj -> Money Substitute
Reading
Bitcoin, the Regression Theorem, and the Emergence of a New Medium of Exchange, [pdf]
The Origin of Money and its Value
Murphy on Bitcoin and the Regression Theorem
The Economics of Bitcoin: A Primer
Cryptocurrencies and the Wider Regression Theorem
Audio
Marina Dzhashi with Mark Thornton on Bitcoin
Video
Malavika Nair, The Economics of Bitcoin
#mises #RegressionTheorem #economics #AustrianEconomics #cryptocurrency #coin #token