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Bitcoin has already failed as a currency, and this is why it should be really seen as a digital collectible. Actually, it is worse than that: it can go away if
by rglullis 4y ago
Bitcoin has already failed as a currency, and this is why it should be really seen as a digital collectible. Actually, it is worse than that: it can go away if the miners lose interest in keeping the chain around.
ETH is not meant to be a currency. It is meant to be a scarce resource like oil and its value is in its requirement to power the crypto economy that is based on the Ethereum blockchain. With ethereum, there will be plenty of people who might be in accepting payments (with stabletokens or other ERC20), but no interest whatsoever in holding ETH.