>Ethereum produces tangible value for it's users Yes. I agree. The potential capital efficiency for for these services is vastly greater than credit cards. Yo

>Ethereum produces tangible value for it's users Yes. I agree. The potential capital efficiency for for these services is vastly greater than credit cards. You are trying to undersell the potential in distributed computing platform and smart contract technology if you defend the current cost structure. The promise of these technologies is to reduce cost of financial transactions almost without limit. Lets look into the future of efficient and revolutionary transaction and smart contact technology. If billion people do 10 transactions per day (alternatively 10 billion 1 transactions per day) with cost $0.01 per transaction, the cost of this service would be only $10 million per day or 3.65 billion a year. Remove the operating costs in competitive markets and the profit margins will be extremely low. The beauty of efficient established markets is that profits will be driven down. Artificial scarcity created by different coin protocols is temporary phenomenon. It dies when the hype dies.