This is a serious question:
Can someone please explain me why everyone buys the fake tokens (subtokens)?
21 - When will I receive native cryptographic tokens on the EOS Platform?
As mentioned above, EOS Tokens will become fixed (non-transferable) on the Ethereum blockchain within 23 hours after the end of the final EOS Token distribution period which will occur on June 1, 2018 at 22:59:59 UTC. At this point the EOS Token distribution process will be complete and any person who wishes to launch an EOS Platform adopting the EOS.IO Software will be able to generate a JSON file mapping EOS public keys to the fixed balances of the EOS Tokens from the state of the Ethereum blockchain.
The EOS.IO Software is built such that any EOS Platform that adopts the EOS.IO Software will require approval of holders of not less than 15% of the total issued and outstanding EOS Tokens before tokens on such blockchain (the “Blockchain Tokens”) can be transferred. In other words, if the EOS.IO Software is adopted, it will be the responsibility of holders holding at least 15% of the issued and outstanding EOS Tokens to adopt one or more blockchains in order for Blockchain Tokens received on such blockchains to be transferrable.
As block.one will not configure and/or launch any EOS Platform, block.one will have no control over when, how or whether the EOS.IO Software is adopted or implemented, or how, when or whether the EOS Platform is launched. As such, you should not expect and there is no guarantee that you will receive any other cryptographic tokens or digital assets now or in the future.
I don't want to bash EOS because I think it's huge when it's done... but it's still a long time to go and there are currently only subtokens available.
Also does the quoted paragraph from the EOS.IO FAQ guarantee native tokens or not? I don't understand it...
OK as far as I understand it after reading a few YouTube comments:
So there may be no native EOS tokens. Just the subtokens distributed right now which are frozen June 1, 2018 at 22:59:59 UTC...
Any thoughts?
Fear Uncertainty and Doubt (FUD)
Yeah...
Your suggestion above is the easiest solution ("Just buy 10 of every cheap coin in case they go to the moon one day.")
-> Taking action at a low risk.
For their legal liability they cannot guarantee that the blockchain will in fact launch after the project is done. Its pretty much guaranteed however... That would be like building a badass hot-rod and then not using it because you didn't want to connect the engine to the body.
Sounds like a very good reason.
At the current price it's not a high risk investment (depending on how much you buy...)
Just buy 10 of every cheap coin in case they go to the moon one day. When I first discovered ETH it was trading at 50 cents...
Thanks for the heads up! :)
But those behind it will have 100's of millions wether they connect that engine or not. This is why I only invest in coins like NEO, the developers hold 50 million NEO that can only be released in stages. Their wealth literally depends on how good they make their system. The EOS team already have the wealth, so anything after that is charity work. I hope they are feeling generous for your sake...