RE: EOS might be about to see some movement - appearances at conferences

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EOS might be about to see some movement - appearances at conferences

in cryptocurrency •  7 years ago 

United States citizens can in fact participate, all you need is a Kraken account mate.

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You can bet your house hedge funds domiciled outside the U. S. are going to be taking positions in EOS and many other tokens. Those funds will have mechanisms for accepting U.S. investors. People need to understand how desperately hedge funds need an asset class that works for them. Money will pour into these tokens in the future in my opinion.

@kinghill7 - you're most definitely correct. I know a few things in this area and would only say that it may not be possible for much longer. There has been a lot of progress made regarding anti-money laundering and counter financing of terrorism regulations which I think will directly impact on these types of funds and their investors.

Time will tell, but thanks for pointing out a very important truth!

@tolkatore that is a very valid point and one that is being made around many ICOs that are worried about U.S. or other citizens participating.

In the context of the events I'm referencing in the article however, the party line expressed to all potential investors by the EOS team will be that U.S. citizens cannot participate.

I mean that in the sense that none of the larger corporate investors that have beneficial owners that are U.S. citizens will be able to invest....unless through exchanges, which is doubtful when you're dealing in millions or billions.

I'll be clearer on statements like this in future.

All good, just wanted to let everyone know that you could still get in.

The people in charge of EOS are very intelligent, and all they did to get around the regulators, is to say in their terms of agreement, that an EOS token is completely worthless, and promises nothing in return... pure genius actually.

@tolkatore - couldn't agree more! Whilst many ICOs are struggling with the SEC rulings, EOS is happily doing it's own thing.

I have high hopes for it!

I'm interested to see what happens when Qtum launches on mainnet this month as I see it being in competition to EOS, but we shall see!

They could all try, but the EOS team and it's billion dollar backed company are doing things right, and not rushing shit out the door like everyone else.

You think it's a coincidence that Ethereum is trying to shove all these new upgrades into the platform?

No, no... they know EOS is coming.