EOS. Why you should invest.

in #bitcoin7 years ago

This is my personal point of view..image.png

The success of EOS is more or less the embodiment of the success of crypto as a whole. Unlike Ethereum, bitcoin or any of the other top crypto projects. EOS puts all of the power in the communities hands. Literally.

EOS is not your typical investment. You are not investing in a company or organization but you are invested in a community and the ideas driving it. EOS is driven by decentralization, global consensus and individual value. It really is so simple yet when you dive into the philosophical side of things, they're impact it becomes quite complex. Dan Larimer has great vision and in my opinion is the greatest pioneer in the crypto scene at this time. EOS is a true solution and whether or not it works is up to the people using it. So are people in the crpyto world all talk or are we going to do something? The way I see it. If EOS fails it is a pretty big indication of where we stand as a whole and whether or not we are ready for a change like this or if we need some more time. The thing is in my opinion time is of the essence. With varying conflicts of interest surrounding the movement. So the sooner we succeed the better it is for the shared vision of the crypto community. The majority of us all share the same vision more or less the thing is reaching a consensus of how that vision fundamentally works. EOS really allows us as a community to push these boundaries and see just how badly we want change or if we are all just talk.

Dan Larimer practices what he preaches. Many people try to argue EOS is not decentralized but is has got to be the most decentralized project to date and on so many levels. What separates EOS from the rest? People usually compare EOS to ethereum. But first lets compare ethereum to bitcoin. There is much discussion on whether or not bitcoin is truly decentralized. All of bitcoins mining boils down to 4 pools. This has sparked a lot of debate. Ethereum on the other hand has boiled down to 2 mining pools. If we agree as a whole that the monopolization of mining is a form of centralization and compare it to EOS's solutions

we clearly see EOS is several times more decentralized than both bitcoin and ethereum. Most people would input their sharding argument here. Sharding will help a little but not for long nor the extent developers need it to. It just does not solve many of the fundamental issues. If sharding was the solution to ethereums scaling issue then ethereum would not need 3-5 years to solve scalability. Let alone it's fees and security, etc. EOS deals with aspects brought forth through human nature. The main difference between Dan Larimer and the rest is he has really evolved his ideas from real actions/practice. Dan identified issues with blocktimes, scaling, fees over and over quite early on. He made steemit and bitshares and from these we can learn a lot. Dont just look at the product itself. See how the creator, users and enthusiast all act. This is providing two great living examples. When we dissected these examples and compare them to Daniel Larimers history as well as the crypto scene as a whole the dots become clear. EOS is leaps and bounds ahead of the game.

A persons value is weighed by their contributions. Your value as a human being will be more accurately represented in a decentralized world. This is truly amazing. Everyone all over the globe in a decentralized system can participate in anything they wish to and be rewarded for their efforts seamlessly. Content creators will no longer have their earnings raped or work manipulated by foreign interest. Fake news, "propaganda". What's that again..? Consumers vice versa will not be paying for all of the markup that occurs in between two parties in central systems. We have a ways to go before this is completely true because to make this true we must abolish the levels of inequality we have now. How can someone contribute if they have no access? (follow me for more on solutions on this point). The only way to abolish inequality is to implement decentralization and re engineer our world. Over time we will heal our-selfs and as a result the benefits of decentralization will reach everyone.

It can be scary or even unimaginable for people when we talk about the future. Decentralization puts the power of banking and governance in the hands of the individual. Unlike in todays world where we typically give our power and rights away. What this does for mankind is redistribute wealth and resources while truly giving every breathing person equal opportunity once fully adopted. As a result we will solve many of mankind's problems such as famine, war, inequality and many more. (follow me for more in depth discussions on the results of decentralization).

Is it a scam? The fact is not everyone can see where this could all go. That is fine but has got to be the biggest obstacle in creating the ideal future we all want. In fact if you take a few steps back. No matter what the individual is invested in. All of us crypto enthusiast want a similar if not same future. The only thing really creating friction is a nonalignment of perceptions and greed. Which halts production. Dan Larimer identified this ages ago with examples from bitcoin, ethereum, steemit and bitshares. With all of Dans time spent on creating a real solution we got EOS. Now it is our turn to give back. Thank you Dan Larimer and block.one for your contributions..

Sort:  

EOS for sure is in my top favorites as a crypto!

Coin Marketplace

STEEM 0.22
TRX 0.26
JST 0.040
BTC 99032.11
ETH 3469.45
USDT 1.00
SBD 3.22