TechFlow reports that EOS founder and former Block.one CTO BM today posted on Hive explaining his reasons for leaving. He stated: BTC, ETH, and EOS are all under scrutiny by regulatory agencies, completely losing privacy. The best hope for tokens to achieve significant capital gains lies in maximizing their functionality as currency, achieving compliance, and actively promoting institutional adoption. I believe staking pool models can make EOS a better currency. If the goal is substantial capital gains, then KYC accounts trading regulator-approved assets via regulator-approved smart contracts might be the only viable path. He noted that if the community chooses this route, Block.one would be the ideal entity to lead EOS in this direction. However, I do not wish for my innovations to be constrained by the whims of government regulators. Those of us who aim to create tools and return power to the people must look elsewhere. Our "profit" isn't measured in dollars, but in "freedom."
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