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RE: While The Entire World Watches EOS, The "Other" Larimer Is Changing The Blockchain World!!!!
I think you are right on the money in this assessment. I have been buying bitshares regularly since I found out about it and in my opinion it's one of the most undervalued cryptocurrencies out there.
It will take a while before people catch up with the genious that is BitshareS, and when they do Stan's crypto rocket will fly into space.
So, if someone wants to benefit from the developments with EOS and Bench, you think the best way to capitalize on that is with investments in Bitshares?
Bench as stated in the article is also a development for Bitshares. I believe strongly in EOS, but the price is already fairly high, considering we haven't seen the product at work yet.
Considering Stan is Dan's dad I'm sure Dan is gonna do all in his power to make sure Bitshares will develop well along with EOS
BENCH is integrating Bitshares and EOS....Bitshares is a community so they will have the choice to join BENCH or remain separate. Either way BENCH is going to use the token along with the coding.
@stan believes in "do not harm to Bitshares".
His vision is to give increased value to both BTS AND EOS.
It also should uplift other blockchains since it will have atomic swap capability. Any token in a smart contract (i.e. all ERC20 created tokens) will be wrapped by BENCH.
I see, well it's exciting times for sure, and hopefully in June we will see some firework
How do you think Bitshares is on legal compliance with money transmitter and KYC laws, as well as securities laws?
They dont have any of that. A Bitshares account requires no personal information. They are completely decentralized.
OpenLedger is on the on ramp for fiat which falls under the regulations you mentioned.
Even the website is run out of Taiwan where regulation is much less.
This is one of the reasons for the BENCH project...there is no way institutions will ever get involved with BTS as long as it adheres to the founding principles which are anti-establishment.
BENCH will provide for the option for having those entities which require compliance like Wall Street institutions.
Effectively, the goal is Bitshares will offer something for both markets...
If Bitshares goes down for legal reason, will BENCH still be viable?