| I am also bullish on Ethereum. A few points to notice: - the price is pretty stable relative to early Bitcoin. - Vitalik and the other devs are still building out economic/game theory models. And Ethereum has successfully made a hard fork. That suggests the organization has some leeway to skate where the puck is going, so to speak. - it's very early days in terms of building out the "standard library". Lots of people working on this, collectively and privately. It's a little like the railroad tracks have been laid but they are still building the trains, not to mention stations. - Ethereum has the benefit of being overshadowed by Bitcoin, which insulates it a bit from speculators and scammers. This is only a temporary effect, but I think obscurity helps Ethereum grow smart and slow right now. - the forums are all about things being built with Ethereum. Bitcoin has a chicken and egg problem, where retailers need to get on board for consumers to care. But nerds can sit down and make something useful on Ethereum today. I would put one check on this endorsement, though. Ethereum is uniquely useful in situations where you can't trust anyone. It shines in that environment. Mostly though, we do trust the people around us. I think once the Ethereum community starts releasing big trustless e-institutions, it will be clear that most of them could run just fine with Venmo, WebRTC, and a little JavaScript. So I think Ethereum will always have a more back-office feel, and I don't quite see it being on The Today Show any time soon. But Vitalik Buterin is very smart and I wouldn't bet against him. |