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Ether isn’t intended to be used as a monetary currency like a dollar (reasonable stable). Its purpose is to pay for EVM instructions which are priced in gas. T
by tsujp 5y ago
Ether isn’t intended to be used as a monetary currency like a dollar (reasonable stable). Its purpose is to pay for EVM instructions which are priced in gas.
This is like saying because shoes happen to be worth money (sneakers/trainers) and because people happen to speculate on the price of shoes that the future of money is shoes.
Bitcoin claims to be currency, Ether (used to pay for execution fees on Ethereum) does not.