Post
Topic
Board Altcoin Discussion
Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)
by
ChromaticStar
on 05/10/2017, 18:11:40 UTC
EOS development seems to progress nicely. There is still a huge demand for higher transaction throughput and alternatives for a 'gas fee' system. I am confident that EOS will deliver and become a good competitor for Ethereum.

Please see Vitalik’s very astute critical analysis of DPoS. DPoS is centralized, permissioned, and highly vulnerable to abuse by nations, lawsuits, etc.. That can not be a world changing decentralized ledger that we can depend on. Also the consensus algorithm is far too subjective and not objectively verifiable.

I've heard it all before, turning this into a conspiracy isn't going to work. If you're a US investor, it is clear on their ICO website that you are not to participate. If they find a creative way to circumvent those rules, that's their problem. Don't expect the SEC to fight for their them. Crypto is going to change the way we all invest in the 21st century, the past has no precedent anymore. I'm in the US and I intend to buy on the decentralized secondary market, EtherDelta. If I lose my money, I accept the loss as my own, this is how crypto is. It's is full of scams, volatility and chaos. It's the risk you take and anyone who wants to get involved knows that. The only way the SEC can protect people from it is to shutdown the entire global crypto market, which won't happen.

Have you actually watched all the expert videos I linked to, which presents much more cogent case than what I had studied about it several years ago. Those investigations are so thorough now, so as to be undeniable by anyone who puts in the time to actually digest the information.

As for your layman’s understanding of securities law, you’re incorrect. The culpability will fall on the issuers as well and promoters like yourself who are inducing readers to break the law. I do not see you making any disclaimers.

If you understand who created Bitcoin and why they created it (to bring about the world government by destroying the exclusive jurisdiction of the nation-states over money per John Nash’s Ideal Money concept but with a twist where they designed it purposely to become entirely centralized in their control), then you understand crypto is only going to become what Mossod (Satan) wants it to become.

The law is the domain of the Great Harlot. Come out of her. Render to Caesar the things that are Caesar’s, and to God the things that are God’s. I’m working on something that might possibly offer a way out, but realize that Satan’s control is widespread. We are not supposed to expect salvation here on earth.

I will not try to dominate the discussion. Carry on. Each person is offered their free will, to make their own choices.

Disclaimer: IANAL. This is not legal advice nor advice of any form. This is my n00b+kook opinion only.

No, I haven't watched your videos. You lost legitimacy as soon as you started promoting Zionist conspiracies and declared yourself a religious and political extremist. EOS had a team of legal advisers tell them what they should do before they launched their ICO.

And no, I'm not promoting EOS, merely expressing intention to buy on the secondary market. I don't know of any legal statute that prevents me or anyone else from buying EOS on a decentralized market. Worst case for me: the price goes to zero. Best case, EOS overtakes ETH providing returns to investors.

Can you name anyone who was prosecuted for buying a security? The SEC would have to prosecute countless people at this point who exist only as pseudonyms on online forums. It isn't worth their effort.

I don't even know what you want or why you are here.