What an effort you have put here , to be honest this post do need a lot of up votes , and it surely deserves that. You explained it so well that first time ever an non tech person like myself got to understand it. I was hearing this EOS but didn't get the idea what this is all about. Here , things being clarified and glad to have it read :) @zackvideos
Thanks @globetrottergcc. EOS tokens will be used as bandwidth i.e. think as bandwidth as space like land, imagine a country having 1 billion plots of land and the more land you own the more space you have so think of it like this. You can rent your land to people who want to use it to farm crop and sell their products but you'll make a monthly rental income and we all know how rents work less rentable space more the rents go up same with bandwidth eventually 1 billion EOS tokens will be sold the price of each token will go up depending on how well DAPPS do. If a DAPP wants to expand and requires Bandwith and business grows then they will require more bandwidth, eventually will get to a point when the price of EOS will be asking price due to demand. Steemit as already proved this theory. People are already renting out Steem power. In the future if the demand for dApps will be high on EOS platform, those who own tokens can rent out the bandwith just like renting out real estate. I hope this example help.
Wow thats going to be huge , such a genius idea it is and really helpful for all and sundry to make something out of the EOS Tokens ,indeed! A very beautifully explanation:)
Thank you. The blockchain future looks bright.
Yeah it surely is and Bit coin is rising , the growth ratio was good today:)
Well bitcoin is looking to grow up to 7K before it retraces back. But again this is just my humble opinion and not investment advise. Long term trend remains bullish though.