[ogogmad]

I'm still not sure why all of that is useful. A lot of clever infrastructure, but for exactly what?

Also, it's worth reminding people that ETH might be useful, but still worth less than its current price. There's a ton of speculation propping up the current price.

[ETH_start]

Right now Ethereum is only useful for niche applications, like using your ETH as collateral for an autonomously issued DAI loan.

This is because its disadvantages, like lack of privacy and very limited throughput capacity, make traditional finance better for all but the highest value blockchain applications, where the extreme integrity of process provided by its highly redundant and collectively managed ledger outweighs its disadvantages, like extremely narrow write bandwidth.

But once those disadvantages disappear, as a result of the aforementioned infrastructure development, I believe that will change, and we'll see Ethereum's advantages make it the preferred platform for mass-consumer applications.

[lupire]

I think you mean "if", not "once".

This is somewhere between self driving cars and flying cars in the feasibility scale.

[ETH_start]

The solutions to throughput limitations are already proven out in testnets and alpha releases, and well understood conceptually.