If you invest in CRYPTO --- Do you really understand REVOLUTIONARY vs HYPE TECHNOLOGY?

intelliguy writes just before he explodes. ETHEREUM IS DYING! ...IMPORTANT INFORMATION!

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This is something everyone who has been in cryptocurrency for awhile may identify with....

I just went through this myself hardcore in the last 2 days...

THIS IS SUCH AN OBVIOUS PROBLEM - NO ONE TALKS ABOUT IT ENOUGH

  • think: pink elephant in the room
  • think: a problem that is widespread
  • think: everyone knows about it. Very few talk about it.

FIRST OF ALL. CRYPTO IN GENERAL SUCKS.

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Well it kinda does. It is not easy to use. It is not easy to teach. Yes, money can be made... but money is easy to lose too. Cryptocurrency is not simplified....

Well Crypto isn't suppose to be easy! It is Secure!

Yes, it is secure... but that doesn't mean it can't be easy to use...

Q: What prompted this post @intelliguy?

A: Ohhh... you are going to love the answer.... because it actually happened to me, my friend, and many other people...

First of all.. before we explain the problem, let's give some praise to Daniel Larimer (aka dantheman)

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...let us get some facts out of the way about Dan.

  • The guy is already rich.
  • He could already retire
  • According to the Sunday Edition of the Roanoke Times March 18, 2018
  • ....his net worth according to the article is "....somewhere north of $600 million"

WHAT WOULD YOU DO IF YOU HAD A NET WORTH OF $600 MILLION DOLLARS?

Close your laptop? Go offline? Enjoy life?

No... not Dan Larimer. Instead he is coding, and building EOS.

Why?

This guy is a hero for being key to getting Bitshares and STEEM created. But his purpose on life was not fulfilled yet even with more money he could possibly spend. He wants (and is) building the biggest public networked computer resource on earth.
.
.

Dan Larimer is not motivated by money. He is motivated by what he knows he can build, and what the world needs.

.
.

It is called EOS. (link)

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Now if you heard of Ethereum (everyone has)... Vitalik Buterin started that project. Dan wasn't all that impressed. There was a better way to accomplish something similar... but scalable... and you're going to see that launch in 2018

The trouble is... to buy EOS, you have to actually use the Ethereum network. It is not that fun to use.

On Ethereum you have variable gas fees (transaction fees).. you have variable times for those transactions to be completed (just wait, and hope.. usually it goes through)

On Ethereum, an app like selling digitalized pictures of kitties is enough to crush and delay the network.


A friend of mine wanted to buy "real EOS". I had to work him through the process of buying ETH, participating in the ICO distribution with an Ethereum smart contract to obtain it.

Having your fingernails pulled out with pliers was as much "ease of use" as it was to obtain an ethereum wallet, install metamask (and trust your web browser) and trade those ETH for EOS tokens.

Ethereum on its best day is pretty neat technology.

Ethereum on its worst day (and we've seen many worst days already) is clunky, unreliable, and doomed to failure, as time goes on... Even the creator Vitalik Buterin suggests so here -- just two months ago!

Back to the title of this post!

  • HYPE TECHNOLOGY: Ethereum
  • REVOLUTIONARY: EOS

...and if you skipped down this far without reading this blog post.. scroll up and read again.

This is not investment advice. I am not an expert. It is my strong opinion of what I think. I suggest you investigate yourself, deeply, into what is happening around you.

You agree? You like this? Vote and re-steem!

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