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The FUD against EOS is really strong. It is interesting that despite the FUD, its valuation is very big too. The FUD is mostly about the business behind EOS, as a technical project is solid C++ code with well thought out architecture. In fact this is the kind of project where as I got deeper into it I believe that it can work. In case of most other projects when I dig deeper, I become more and more sceptic. The reason is probably that the CTO makes this project based on his experiences in Bitshares and Steemit, so the decisions in EOS are relatively mature compared to most crypto projects. Also I find the CTO one of the most talented and most practical developer/architect in the space. (Maybe I am biased as I am a performance optimization geek, and EOS is mostly about high performance) With EOS I regret one thing: that its valuation is so high already. I still invested into it, but I would have invested much more if its valuation would be lower.

TLDR: as an investment, it is not my biggest investment, but as a technology it is my favourite in the crypto space.



Multiple downvotes on my comment proves my point. There is serious hate on the EOS project. No matter how much you downvote me, EOS is still doing one of the most promising research and development on how to improve crpyto network throughput and latency. Ethereum research on sharding is also interesting, but seemingly there are extremely hard problems to be solveed there with way more complex software than EOS.


I didn't downvote or upvote you. I had no idea what EOS is until I googled it. I have zero bitcoins (and some token gridcoins from the last month, but in donating CPU time since it started as SETI).

The above being said, it looks like you are in your own EOS bubble.

You should zoom out of it, and I'd suggest further zoom out of the crypto coin hype, look at the digital coins objectively and decide if you want to lose your money, or risk increasing it.

That being said, some starting points for you:

Coins are trying to become money. We have tons of money, in fact we never had more historically.

After the last few crashes, the CBs dumped primes near zero (to avoid Max style of societial developments), and we even have more money around (cheap debts etc).

But, now we are doing fine.

BIS had a report weeks ago, outlining money contractions, salaries going up, cheap workforce from China+India joining the global economy 20 years ago stabilizing, and all that.

Cheap money, on this planet (so , not in the crypto world, or USA, or Luxemburg, but on this planet) will start contracting.

Crypto valuations, TAM and market caps are as high because people have a lot of extra fiat to dump into it (or in real estate, iPhones, high margin cars, etc).

As money becomes less obtainable, take a guess where they'll be drawn out from (well, Canadian real estate, but other stuff too).

So, after all of the above being said; I'm really glad you have a job as a c++ optimization expert in coin attempt number 3 by your CTO, but I suggest you remain sceptical about it success prospects.


Bitcoin is (or aims to become) digital gold. It is a possibility to store 'gold' in a way that you don't have to trust anyone to store it for you, and can only be stealed from you if somebody knows your private key. Even if you are skeptical about the whole crypto industry, I suggest you to consider that at least the above alone have tremendous value.

EOS is not a money though. It is a trustless high-throughput decentralized execution environment or 'decentralized trustless cloud' so to say. It is an amazing project from technical point of view, (when your cloud application runs, it is run on 21 block producer clusters independently which are voted by stakeholders). And I find it antiintellectual to downvote somebody that speaks positively about this project, while serious and honest debate about it is very rare on the net. (I understand you did not downvote me). Whether it is a good investment, is a tougher question that is why it is not my biggest investment as I mentioned.

As for digital money: Do we need a decentralized trustless money and payment network? There can be a debate about it, but I think, yes. There is a lot of competition in this space, and there is a possibility that because of network effects only one of them will become mainstream. I think DASH is the one that has the biggest potential to achieve this.




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