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RE: Cryptocurrencies Continue To Break All-Time Highs

in #bitcoin7 years ago (edited)

I know numerically (and I like numbers), considering the supply, enormous gains don’t seem likely, I get it. Usually I stay light on the technologies with a massive total supply. They seem to be steady pump n dumps and that’s about it, in my opinion. It’s when the EOS team detailed their goals, that’s when they got my attention. Unlike most every other developer out there who is looking to take over Bitcoin or take over Ethereum or take over whoever, these guys are different. They didn’t mention anything about the #1 or even the #2 spot, rather they mentioned PayPal. Spoke directly about transactions and transaction time PayPal currently has. That’s a pretty awesome sized challenge. If competing with someone as large as PayPal requires a supply of a Billion then so be it, I can’t predict the outcome but I liked their enthusiasm enough to get in on it fairly early. EOS is also the farthest back there in my rear view mirror.. say it does do something spectacular, I don’t anticipate seeing that for a good 16-20’ish months.

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Nah, don’t let me confuse you. During that Interview, Larimer was comparing transaction times and fees of high ranked cryptos to time and speed of PayPal. He was pointing out how quickly PayPal can do transactions and how many thousands per second they can do which gave me numbers I could relate to as he elaborated on the objective of EOS. Don’t worry, I’m still pretty new to this stuff too. @jeffberwick has been real helpful as I’m sure you’re aware.