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RE: The Gloves Are Off: EOS A Case of Dishonesty, Ignorance and Stupidity:

in #eos6 years ago (edited)

markets favour short-term profit because of the nature of compounding of these locked-up resources. Right away a ponzi scheme will make much more profit, while powering-up will earn less. Now my question is, who wins when they power-up the "winnings" from the ponzi scheme? They have more power than they would have if they powered up without it. Thus short-term profit wins out

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I don't think you understand economics, let alone Eos. Please do research because this makes absolutely no sense. Of course you want profit. Everyone wants profit. When you lock up more tokens you want the project to succeed long-term. You don't want to lose all your money because you decided the relatively small short-term profits were more important than your nest-egg. Bad actors get voted out by people who care about the system's future. What is this oil argument? What does that have to do with Eos at all? Simply fallacious.