Throughout the history of tech; something has come along which is a great idea only to be perfected and surpassed by something else. This is especially true if that something else is more user-friendly and has more mass appeal.

Ethereum is a fantastic idea and that's the reason it shot to $400. Unlike many other altcoins it actually had a real purpose and wasn't just a store of wealth or a copy of something else. It got people exited. I still believe Ethereum will get back to $400 at some point; even if through just speculation alone but I'm not half as exited about it as I am with EOS.

EOS makes a lot more sense to me. It takes the process of creating apps on a blockchain and simplifies it so even casual coders can figure it out; without the need for smart contracts. Dan Larimer has a proven track-record of creating useful coins with ideas attached to them in Bitshares and Steem, whereas some of the things created on the Ethereum network have ranged from the fraudulent to the farcical. A joke token called Useless Ethereum Token getting $62,3oo USD is not a good look;nor does it inspire confidence. Of course EOS itself is proof that Ethereum is useful and it's not all bad, but this has been damaging.

Joke tokens

Of course these stupid contracts aren't Vitalik's fault and the same thing could easily happen to EOS, but I would like to propose that this is a result of Ethereum's complexity. When it's extremely difficult to create something meaningful;it's a lot more-likely people will scam and joke around. When the barrier for entry is lower;people with great ideas may be a lot more motivated to implement them.

So why am I using Steem bucks?

It's essentially free money. Though I will probably be getting only $30-60 SBD a month it's money from doing something I would be doing elsewhere for free. You can't buy much with that, but if you buy tokens at $1.70 that could be worth hundreds in a couple of years from now it suddenly becomes a lot more worthwhile. If it all goes tits-up and EOS is a flop, then I've only lost time and that time was spent doing something entertaining. I'm not worried about the daily price or if the tokens are over-priced because I see it as a very long-term investment.

The way I'm buying is transferring to Bittrex, buying a stable currency with a low withdrawal fee and then moving it to Bitfinex to buy EOS. I plan on doing this for the foreseeable future. If someone has a better/cheaper way let me know...

As always I'm only writing about what I'm doing. This post is not advice on where to put your own money, do your own research.