Our first publication, titled EOS Tribe on current market conditions and inflation, received many positive responses as well as opposition and negative responses .Our intention is to be fair minded and consider the concerns of all BP’s whether pro or con. We welcome contrasting points of view by responsible individuals and pledge to consider your opinion in our analysis of the subject matter we are addressing at any given time. In that vein, we will address some of those concerns in this article.
Some of the feedback that we received in community is that our analysis was in effect not relevant to the Laws of Supply and demand, and that any natural increase in supply due to the 5% inflation could not have been associated with the decline of EOS , because the entire market collapsed along with Bitcoin and its hard fork crisis with Bitcoin cash. We do not, in part, dispute this argument although we respectfully are compelled to clarify the greater point of the article. We mentioned in the article that when the technology bubble burst 1999 carrying through to the bottom in 2003, that the entire technology index declined some 80%. We acknowledged the reasons for this by providing historical accounts from Investopedia.
The point of the article was that overtime the strong survive as a result of sensible business practices, superior technologies and great management teams and that “rising tides do not lift all boats” We cited the FAANG stocks that rose during the bear market well over 1000% while the broad market of tech companies took 17 years to recover. The best tech companies indeed engaged in cost cutting, restructuring, and share repurchase programs(thus reducing supply) which provided the much needed catalyst for the ultimate price appreciation their shareholders enjoyed in the most difficult of times. We also noted that share price of EOS declined greater than Bitcoin by approximately 10% during the recent market collapse. In other words the price of EOS is not perfectly correlated to Bitcoin. Of course, we recognize this issue will play out over time.
During this time , EOS tribe has aggressively cut operational costs, restructured its management time, acquired new talent , and have established credit lines to finance technological development. We believe these actions will result in beneficial outcomes for EOS Tribe and its future as one of the leading BP’s in the EOS community.

First, we at EOS Tribe, want to emphatically state that we are strongly apolitical, not interested or involved in politics. Accordingly, we believe any representation to the contrary does not accurately represent our values or point of view.
Finally, we do not oppose an on increase in sharing the 4% pool with BP’s during these difficult times. We believe any such payout should be considered after a careful remodeling of the financial needs to the entire network. We will always be concerned about imbalances in the supply demand relationship as it concerns price stability.
EOS Tribe, is dedicated to the successful development of the EOS Blockchain and ecosystem, and as such seeks to raise the bar of intellectual pursuit for the benefit of all BP’s by publishing essays and articles seeking to provide solutions to controversial subjects at large within the EOS community.