What gives about what this long-time cryptocurrency investor is saying about Ethereum.
It's a well written article with a fairly simple take on if Ethereum is a good investment versus Bitcoin.
Read article at:
Analyzing Ether: A Bitcoin Investor's Skeptical Take
He goes over what functions give a cryptographic token value.
Here are the functions he looks at, in no particular order:
- Value as a transactional currency: To make or receive payments. Let's call this its 'PayPal' function
- Value as a secure store of wealth: The "electronic gold" function
- Derived value: The value created indirectly by enabling certain functionality that can be external to the blockchain, like executing contracts or storing data.
All in all after reading the article it generally seems this investor has alot to say about weighing Ethereum's value, and he's questionable about its 'usability.'
Let me know how u interpret what the article says.
Are we looking at a problem of scalability with Ether too?
