2 ms·
Bitcoin is (or aims to become) digital gold. It is a possibility to store 'gold' in a way that you don't have to trust anyone to store it for you, and can only
by nadam 9y ago
Bitcoin is (or aims to become) digital gold. It is a possibility to store 'gold' in a way that you don't have to trust anyone to store it for you, and can only be stealed from you if somebody knows your private key. Even if you are skeptical about the whole crypto industry, I suggest you to consider that at least the above alone have tremendous value.
EOS is not a money though. It is a trustless high-throughput decentralized execution environment or 'decentralized trustless cloud' so to say. It is an amazing project from technical point of view, (when your cloud application runs, it is run on 21 block producer clusters independently which are voted by stakeholders). And I find it antiintellectual to downvote somebody that speaks positively about this project, while serious and honest debate about it is very rare on the net. (I understand you did not downvote me). Whether it is a good investment, is a tougher question that is why it is not my biggest investment as I mentioned.
As for digital money: Do we need a decentralized trustless money and payment network? There can be a debate about it, but I think, yes. There is a lot of competition in this space, and there is a possibility that because of network effects only one of them will become mainstream. I think DASH is the one that has the biggest potential to achieve this.