BM: The reason for not using EQ to purchase EOS is that B1 cannot have more than 10% share.

BM: The reason for not using EQ to purchase EOS is that B1 cannot have more than 10% share.

According to MEET.ONE, the discussion of B1 repo in the telegraph group is still going on, and BB and BM respond to community questions in the group.

1. Community Question: Shouldn't B1 use the $4 billion raised to fund the development of DApp? BM: We invested $1 billion in EOS VCs (to fund the excellent EOS DApp), and we also invested in blockchain-based social media.

2. Community question: Why not buy these funds to buy EOS? BM: Because we can't have more than 10% share, and we want EOS to remain decentralized;

3. Community question : Why do you want to hold 140,000 bitcoins? BM: Do you need to have all your money in the bank? BB: We have made the most of our EOS risk exposure (referred to as the actual risk), we store non-EOS assets in the cryptocurrency and legal currency portfolio;

Finally, both BB and BM said they are still excited about B1 June, but hope that the community will not over-hype and cause unrealistic expectations. BM still insists that B1 June will release the biggest news since the release of EOSIO. Many new codes will be released before June. Thanks to the support of all members of the community, everyone's efforts will make everything possible.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Market

Bitcoin Pizza Festival | What happened to the man who bought tens of thousands of bitcoins to buy pizza?

Today is May 22, which is a special day for the coin circle. Today, nine years ago, it was the first time Bitcoin was...

Blockchain

Before the halving, do you still have the opportunity to join the "Bitcoin 1% Elite Club"?

This article comes from Bitcoin.com , the original author: Jamie Redman Translators | Moni Tether: We did use some of...

News

Interview with Zhu Jiaming: The era of blockchain and currency diversification is coming

In 1984, Zhu Jiaming, Huang Jiangnan and others launched a seminar for young and middle-aged economic scientists in M...

Blockchain

Is CSW penalized 550,000 BTCs, is this important?

According to reports, CSW (Craig Wright) lost in the lawsuit of brother Ira Kleiman, the brother of the late business...

Policy

Crypto ATMs in California Face New Limits

A recent analysis has found that crypto ATMs typically charge fees ranging from 12% to 25% for digital assets.

Blockchain

Bitcoin breaks through 10,000, and the bull market really depends on halving support?

Recently, the price of Bitcoin has fluctuated around $10,000. In the early morning of August 29th, Beijing time, Bitc...