You, a Wall St trader: spent years in school learning minutia of finance, 10 years of 100 hour work weeks, never see family, super excited about your 10% returns this year Me, a Bitcoiner: read some books, shitposted on Twitter, ate some steaks, enjoying 900% returns this year
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As a society we have a moral obligation to encourage hard work = rewards. At no point should we replace that with pure market speculation and an artificial Ponzi scheme.
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Bitcoin actually does have fundamentals though. As does Ethereum. Look into Hashgraph though - it's the future.
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Ethereum has zero fundamentals. Not a single use case, except ICOs which are securities offerings.
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Decentralised trustless automation has no value? Why not?
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What you described has tremendous value. ETH isn't what you described.
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What are ETH's deficiencies? (Apart from the hard fork from ETC to bail out people who didn't believe that code is law.)
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Centralized oracles, centralized dev, DAO, parity, solidity compiling bugs, scaling, blockchain bloat, "updatable smart contracts"=centralized, no economically valuable use case to date, PoS unicorn, sure I missed a few.
End of conversation
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