RE: EOS Impact on BitShares and Steemit will be Ultimately Positive

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EOS Impact on BitShares and Steemit will be Ultimately Positive

in eos •  6 years ago 

Appreciate the article, and we need more articles like this to raise the profile of bitshares. I would howeever add that nobody is saying EOS is going to kill bitshares, but that EOS could provide the platform that allows other daps to come in and kill bitshares. The arguement about EOSFinix is also flawed (in my opinion) since bitshares major problem is mass adoption and liquidity. The question is when the expected masses of new people eventually come to the crypto space, are they going to use bitshares, or EOSFinix ?
Also all the people who got into crypto say in the last 3 years, are they going to start using bitshares or move to EOSfinix , which they already know ? Again likely EOSfinix.

Finally Dan isnt trying to kill off any of his previous projects. Dan creates a project, and then hands it over to the community to run, at which point he has little control over what happens (although still a strong influence).

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Legit!.

But there's more to BitShares. Most of the assets have established themselves and it is highly unlikely that they will move to a platform that lacks infrastructure.

I am also of the opinion that each platform has its own unique customer base and history has proved that the launch of Binance didn't kill Bifinex/Bittrex or any of those major exchanges who are centralized and easy to set up. So, it is highly unlikely that EOSfinex will kill BitShares anytime soon.

I agree... But I am also the type of person that has a Mac computer and a Samsung phone.... I think that finding the best in each brand works for me.

I say its all based upon personal opinions, but with the right marketing bitshares will have the ability to still shine regardless even with competition. Think about how many competing brands are out there in the same niche.... It's up to the people to choose what they want... Some will want to stick with bitshares based upon the experience and how long it has been out, others might choose to switch to a brand new one... Who knows. The power is in the hand of the community that supports each platform and what they are willing to do in order to spread the word.