> And how are tokens on the Ethereum network capturing value in other networks? How is Filecoin better off with its own money versus people bidding for storage

> And how are tokens on the Ethereum network capturing value in other networks? How is Filecoin better off with its own money versus people bidding for storage in Bitcoin, Monero, or Ethereum directly Filecoin is to be a purpose-built tool which will provide a distributed way to make the guarantees rather than paying a single provider or using an expensive and still trust-requiring escrow service. Things like proof of storage, refunds with an extra payment for failing to prove storage and a completely distributed storage pricing model will be built in with Filecoin in a way that could only be done by a single provider using another cryptocurrency.