It’s possible to think EOS could overtake ETH as a trade, but also believe it’s completely insane from a valuation standpoint. That doesn’t change http://block.one ’s ability to prop up the price and significantly cut into ETH at launch.
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“doesn’t differentiate from BTC *at all*”? To name a few: - turing complete scripting language - roadmap for PoS - sharding and plasma scalability solutions in the works - adjustable block size surely enough to differentiate at least a little bit?
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These criteria are irrelevant for Store of Value
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eh?.. where did anyone say this was a store of value conversation? I was talking from a broadly technical standpoint
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They are talking about “price overtaking” above, which follows Store of Value absent irrational speculation.
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Respectfully, I disagree. Over long term price follows utility, which SoV is just one aspect of
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Some would say that hypersecurity and disinflation (wealth preservation) are the greatest utility. You can store 90% of wealth in secure gold bricks (btc) and 10% in less secure/more inflating cryptokitty fuel.
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I’d argue there’s a correlation between inflation and security. More inflation incentivizes more miners/stakers to secure the network.
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Lol but if it inflates more than the dollar then what’s the point of holding it?
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