Ethereum has better use case than Bitcoin with it's smart contract implementation. Though the fallout of crypto kitties is proving that improvements can still be made.
Long answer - I had a chance to interact with one of the founders - Daniel Larmier back in 2013/14 during his Bitshares days. My impression is that while he has all these grand ideas, he doesn't know how to follow through. Then there seemed to be a lot of nepotism during the Bitshares build.
And then there is this:
> What features, uses or attributes do EOS Tokens have? Can the EOS Tokens be used on a blockchain adopting the EOS.IO Software?
> block.one is building the EOS.IO Software but it will not configure and/or launch any public blockchain platform adopting the open source EOS.IO Software (the “EOS Platform”). Any launch of an EOS Platform will occur by members of the community unrelated to block.one. Third parties launching the EOS Platform may delete, modify or supplement the EOS.IO Software prior to, during or after launching the EOS Platform.
The EOS Tokens do not have any rights, uses, purpose, attributes, functionalities or features, express or implied, including, without limitation, any uses, purpose, attributes, functionalities or features on the EOS Platform.
What I was trying to say is, Block.one(like every blockchain project/currency) has to be very careful in how they market themselves and their blockchain, legally. It's still the wild west in crypto, which makes it prime for government market regulators to target any projects they want to take down. Safest way to play this is to essentially not own up to or promise anything within company legal documents. This is why Block.one does not allow anyone from the USA or China(I believe) to buy into its ICO at this moment. Look into the history of E-gold. That was like a bitcoin network that worked, but was shut down because the government knew who the top 3 people that ran it were.
As long as Block.one markets it well, makes it easy for developers to develop on, as well as normal people to use its dapps, it should come out on top. That's my opinion on it. The head engineer seems to be one of the few geniuses in the industry, as he's already built 2 very successful blockchains, and he's building EOS for him to develop on. I also think he wants to prove Vitalik(Ethereum founder) wrong on his direction for Ethereum, which might help EOS's marketing. Time will tell. I plan on soon developing/testing on EOS during its ICO to have a head start for when all the bugs are worked out and they improve the blockchains performance for the real scalability it's promising.
