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RE: Why did Dan ICO EOS on Ethereum instead of Bitshares?

in #eos6 years ago

I'v argued for a long time that Bitcoin and most crypto was made by the Federal Reserve and/or big corporations/government who know their fiat is about to fail..

https://steemit.com/bitcoin/@bigdeej/eerie-similarities-between-the-federal-reserve-system-and-bitcoin-cryptocurrency

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Interesting observations, both @bigdeej and @ceattlestretch. I haven't been around long enough to know anything about Dan, but my intuition has pointed me away from Bitcoin and more towards Ethereum. I'm of mixed mind on Steem itself, even though I'm enjoying being on the Steemit platform.

And good undercover work on the similarities between the Federal Reserve and Bitcoin. Food for thought. Do you think Ethereum falls into this same pool?

Ethereum forked off thus ETC... Need I say more?

Actually, @bigdeej, could you say a little more about that? I don't understand. Thanks.

What would you like to know more about?

Is Ethereum truly decentralized? I'm interested in cryptocurrency as a way to exit centralized fiat currency (like most of us), but the thought that some of them may have been created by the same Fed is distasteful/disappointing. I want to join things that are revolutionary.

No it is not and the proof of that is the hard fork that led to Ethereum Classic, the REAL original Ethereum chain. Ethereum was hacked by it's creators and transactions REVERSED.. If that isn't centralized I don't know what is.. Bitcoin is the most decentralized cryptocurrency right now, never hacked, never had a transaction reversed.

Thanks for the clarification, @bigdeej. I'm gonna be doing more research on all this... there's so much to learn.