Thank you for sharing your story in such details joeyd!
It looks like a really cozy house boat you have there! Don't worry about the scarcity of days with sunshine - I can tell you it is no better up here in Denmark!
Your life mission seems to be very similar to mine. Enjoying life and contributing to a better future. Steemit is such a great platform for doing just that and I am grateful for having found it this early.
I can see from your profile and introduction that you are a very experienced crypto investor. What do you think of the future of EOS? Dan Larimer seems to be a very visionary man..
Thank you, I am looking forward to hearing from you joeyd
@ronni
Hi ronni,
Yeah, I love the sense of freedom that you still get from living on a houseboat, although even there bureaucracy is rearing it's oh so ugly head.
I wouldn't go so far as to say I'm an experienced investor, if I was pure profit driven I could have done way better. Because I tend to primarily support projects I share at least some philosophical / idealistic views with, I'm not the best person to take advise from if you are in it just for the money.
As for my view on EOS. The technology sounds impressive, but like with ethereum, I think you can safely say that in it's current form it's way overvalued compared to it's practical use. So like with all crypto, do not put in more than you are willing to lose and I really mean lose, because the pricedrops in crypto can be brutal and happen in a flash.
Best case scenario, you have a business-plan that absolutely needs tech like EOS to have the best competitive advantage at succeeding. Do not fall for the pixie-dust-hype, where people believe that just the term "blockchain" or "smart-conctract" will magically fix flawed concepts.
Although riding the gravy-train sounds appealing to a lot of people, if you can make a living off of the use of the tech you could also survive major downturns.
So to recap, while EOS seems to solve a couple of design problems with ethereum, like scaling, the way scripting is implemented, multithreading and governance, the elephant in the room is still a lack of practical and competitive use cases. If after 4 years ethereums primary use case is a very convoluted multisig for apparently mostly bullshit ICOs (which it apparently sucks at as well), that is something to keep in the back of your mind, because that is the market EOS is aiming for.
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Thank you so much for your thorough reply joeyd!
I guess you will have to sail that boat onto international waters the find total freedom then. Although that might become a bit too lonely out there :)
I am sure there are plenty of traders in the crypto market who are here entirely for profit. But that being said, I still believe our community here on Steemit and investors in the other crypto currencies are a bit more emotionally committed to the cause. We are, after all, first movers or early adapters and those types tend to be rather value and beliefs oriented. The blockchain technology has really hit a nerve on the techies and the freedom seeking segment of the population (primarily males). So I truly believe that a high percentage of us Steemians are indeed here because we believe in it and not just because of potential monetary gains. This is just guess work of course, but I wrote a post about the Steemian personality traits half a month ago and that gave me these ideas. I definitely count myself as one of the "believers" of Steemit and blockchain technology, who are in it for the long term.
Steemit is by far the platform I can relate to the best. It is an already functional platform with immediate value properties like sharing of knowledge, social interactions and a mini society free from government interference. I love this place, a place based on freedom, generosity and vision of a better better future.
Thank you for sharing you honest thoughts about EOS joeyd. My enthusiasm for Steemit is the primary reason for looking into EOS. I think Dan Larimer is a great visionary. When Ethereum started gaining traction I got thrilled about its possibilities, but EOS might actually be a better option for the longer term..
Your suggestion of waiting 4 years to see how Ethereum fares sounds very reasonable although entry price at that time might be significantly higher (or plain zero). This is where the beliefs approach really comes in handy! When we are faced with complex long term investment decisions with a lot of uncertainties then it makes it a whole lot easier to just go with those investments we feel good about. Something you believe in and am willing to follow to the bitter end.
I hope it made sense :)
Looking forward to your future Steemit publications joeyd
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