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RE: First thoughts about the proposed EOS token sale
I'm going to be really, really choked if Dan snubs STEEM and BTS and makes us all buy ETH to participate in the ICO. Really??? I'm going to have to sell STEEM/BTS/BTC and buy ETH to get EOS? Why in the hell would Dan want to boost the liquidity and market cap of ETH? Imagine the huge liquidity that would flow into and through BTS if the EOS ICO was through BTS. It would be a massive boon for BTS. What am I missing? Why the ETH love???
It's actually a good move to bring ETH down. Imagine ETH people knowing about an ICO that could replace ETH, there'll be a huge influx of money from ETH to EOS. Moreover, BTS and STEEM don't have smart contracts that allow this type of a much fairer token distribution.
Steem and Bitshares are not smartcontract platforms capable of setting up an ICO system.