You've covered a lot of important points. I'm just now learning about the meaning of utility tokens and your posts make a lot of things clearer.

I liked your explanation about the velocity problem and the importance od locking up some tokens and mentioning Steem Power as an example.

And I haven't heard about the DAO (Decentralized Autonomous Organization) concept before. You've explained it nicely.

With The DAO, everyone is the owner, customer, employee, & sharehodler all at the same time; motivational incentives are in perfect alignment.

This is a great educational post @dhenz. 👍