I'm holding some EOS myself mainly because of Dan's involvement in the project however I must admit that I'm pretty worried how it is going to end. My main concern is that giving that there is 1 billion tokens distributed before the project is even launched and life. That at current rate of let's say 1.8USD for argument's sake is 1.8 billion USD which is pretty much pure profit for Dan and his team. So tell me how motivated would you have to be to keep working on a project when you have millions of dollars already in your pocket which you could live rest of your life in luxury with? As much as I believe in Dan thought keeps popping up in my head from time to time...
RE: Understanding EOS
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Understanding EOS
That is the difference between those driven to produce and everyone else. No amount of money will stop someone who wants to change the world. My prize isn't money, it is making the world a better place for everyone and taking a small cut off the top.
My efforts with BitShares and Steem created the foundation for systems that have produced almost $1B of value distributed among tens of thousands of people around the world. I get huge satisfaction making everyone else's life better.
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I believe in you @dan. Thank you for everything that you've done and continue to do.
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Reading the first couple sentences reminds me immediately of Ayn Rand's philosophy.
The next sentence is the part that I think Ayn Rand failed to grasp or acknowledge and what all her haters love to cling to. It's spot on though
The producers shape the world and find satisfaction in the very act of creation, there's a value in the core of that act that's worth more than the realized physical results that come as an outcome of the effort.
Is there anything more valuable than living a life where your daily actions align with your values and your work fulfills the purpose of seeing those values realized?
Congrats for living your values at such a level that the impact IS changing the world we live in. Well done.
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Thank you Dan! You got my attention with your meticulous explanations of the EOS vision but you really gained my support when I read your steemit introduction post. I think you shared very personal and painful information about your life story... that in itself is a rarity and I am grateful for you sharing. It's also the single most important piece of information to understanding where your fuel comes from. I have been exposed to much hurt in my own life and cannot even begin to express the level of passion that is has created in me for turning world upside down and helping others. I am not a coder but am a quick study in many things and would help you in any way if need be. I know that's a very generic statement but I absolutely mean it. Don't hesitate to ask. Keep up the great work! -Josh
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I agree with your view point and know that its about changing the system for the better. This was analysed on my latest steemit blog post.Issue is that, those of us promoting the great projects do not get noticed, only those promoting lies and fear.
Feel free to see my latest post about how I exposed @dan ´s secret plan to take over the world. More success to you and I want to be 100% part of it...fired up and ready to go.
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@dan , really, anyone that has seen your interview w/Jeff Berwick on decoupling violence from government knows how deep your values go. You are succeeding. You will inevitably make both Ethereum et al better along the way because they will have to strive to compete. Thank you for keeping your moral compass intact and allowing nothing to deter you.
(here is the link... https://www.youtube.com/playlist?list=PLMoecwVr7FWvNPWVDUPym4aY06O72pdo4)
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Unless I'm mistaken, Dan is the CTO of EOS, with the company block.one backing them financially. All profits from the sale of EOS goes to block.one
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well I didn't investigate who is/are the owners of block.one but Dan being the key figure and face of the project presumably is involved in that company too. Another thing is that purchasing the tokens do not give you any rights/shares etc. according to the purchase agreement:
1.4. EOS Tokens.
No Purpose. As mentioned above, the EOS Tokens do not have any rights, uses, purpose, attributes, functionalities or features, express or implied. Although EOS Tokens may be tradable, they are not an investment, currency, security, commodity, a swap on a currency, security or commodity or any other kind of financial instrument.
So basically what they say is we will get 2 billion USD and you can trade the tokens hoping that their value will rise but they are not in any other way useful or connected to the project itself. The project may or may not be launched and so on... So basically we (people who are willing to purchase the tokens) are funding a 2 billion+ USD project which we can't benefit from in any way other than hoping that the value of the token will rise which may not since you can't use the tokens to purchase future ICOs developed on EOS blockchain which is the case with Ether. Someone please correct me if I'm wrong. Of course there is good chance that the project itself will be a great success and EOS tokens value will rise but being informed at the beginning that the tokens are essentially useless and they have no purpose other than rising money for block.one doesn't make me feel very generous towards it.
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Sounds like just another shady scam by a bunch of shady nerds, just like steemit (let a few insiders in first, let insiders build power/influence/vests, then let the general public in so those same few insiders can use and abuse the noobies for their own profit/gain while convincing said noobies they are part of something special that may make them rich some day)....
No thanks. I think I'd rather risk any potential investments I may make with the upcoming independent steem fork (free from Stinc) called Calibrae (launching in about a month and a half, proposed and designed by @l0k1 / @elfspice).
Posts tagged with #calibrae are an easy way to follow what is going on, for those interested.
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Well if you see how he lives currently I would not worry.
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