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13hoursyesterday at 6:11 PM1 replyview on HN

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dgellowyesterday at 6:25 PM

Tokens are minted then consumed. You cannot trade them, by definition. What would it even mean to trade a token? You can maybe trade a voucher that allows you to then redeem it for some token generation (aka compute), but the tokens themselves don’t make sense to be tradeable. And because they aren’t fungible you cannot swap a token for another one, that’s just not what LLMs are

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