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RE: EOS Token, What Are You Buying???

in #eos7 years ago

EOS has those disclaimers to get around legal restrictions -- anyone that follows Dan Larimer or Brock Pierce would understand this immediately. John Oliver (who is an obvious propagandist gate keeper made fun of this disclaimer and called Brock a deuche on his HBO Show). EOS is gaming the system knowing that people investing in cryptocurrencies understand that our current system is based on Orwellian language that is actually the opposite of it's literal claims -- EX. "Right to work" - really means you will have no rights and will be at the mercy of your employer to do what he wants with you, see the game; EOS is playing the game back at them. So when it says you will get nothing and EOS will never be anything -- it is the exact opposite. I highly suggest anyone that wants to understand EOS to watch a Brock Pierce Video or read anything by Dan Larimer -- Brock is an excellent communicator and Dan is brilliant at understanding human nature, game theory, human motivation, and is the best blockchain developer in the world. The idea is to incentivise people to do the right thing, to give to others and by helping others you help yourself, the more you give the more you get. I think open source development exemplifies this -- it is the exact opposite of what we currently have in industry. Today's pharmaceutical industry illustrates this perfectly; in the current system each lab works independently and is in competition with each other lab to cure a disease, each lab does not share what it learns and is sure to patent any discoveries it makes, all participates in the game make sure they make enough strides to keep the game going - but they are mindful not to create an all out cure for the so said disease - for if they do the cash cow they rely on, which is the disease, will no longer exist (this is one of the reasons why we still have very limited cures for cancer - even after decades of research and billions and billions of dollars spent). The whole purpose is to make those at the top of the said industry insanely wealthy, while most others earn meeger wages and are reduced to a live a life of debt peonage. EOS looks to flip the script -- and that is what makes it so exciting, the idea is to attract people by rewarding them by giving what they have away to others who then give back to them, it creates a feed back loop that will have more and more joining and this network effect will explode -- this is the idea. It will be exciting to see - I look forward to the tipping point in these decentralized systems because once it hits that point it will explode into something that looks like a bubble, but actually is just the network effect (tell 2 people they tell two people ect) also know as Metcalf's law. I love EOS!!!!