2/ SoV is *NOT* about the amount of stuff that's being built on top of something. SoV is about security, censorship-resistance, immutability and disinflation. As of right now, You could have 1,000 things built on top of ETH and it still wouldn't be as good of a SoV as BTC.
-
-
Show this thread
-
3/ I think ETH and the entire smart contracts space will be cannibalized by one another subsequently commoditized. BTC and *maybe* a privacy coin winner, in the meantime, will be SoVs. BTC is a better SoV on. every. single. SoV-defining. criterion.
Show this thread -
4/ ETH could beat BTC in the SoV race, but the % probability is like a 10% chance, not 45% chance like the market is implying. (delusional market)
Show this thread -
5/ The Bitcoin developers are *the* most talented team in the space and there is zero argument about it. You don't appreciate the conservatism, hypersecurity and hyperdecentralization ideals of Bitcoin (sound money) and are exhibiting high time preference with "Moar features".
Show this thread -
New conversation -
-
-
1/ Agree, the growth potential will be slower (than BTC). If fiat comes into ETH to go to an ERC token, ETH sold to purchase the ERC token gets collected by the ERC token team. As long as they don’t sell that ETH for fiat, the demand can outpace the supply & the value grows.
-
2/ This is also assuming demand growth outpaces supply growth, which is another force bringing friction to the value growth. Point is, the pass-through factor is okay for the network so long as ETH continues to be held by sellers of ERC tokens.
-
1. Your first point assumes pre-ICO and ICO conditions; post-market liquidity this is not the case. 2. There will be token issuances on multiple SC platforms. 3. The entire process will be increasingly frictionless and instantaneous, with ETH/SC token holding periods going down.
-
4. If ETH receivers don't want to speculate, they will increasingly be able to instantaneously transfer to Stablecoins or BTC. 5. If the world increasingly views BTC as a superior SoV to ETH, the incentives to hold ETH go down.
-
Your argument is invalid -> more money going to ICO's -> higher ethereum pricepic.twitter.com/1teNvymsu2
-
I think the amount of money raised by utility token ICOs will go down over time.
-
Category "other" on coinmarketcap is growing. Ethereum is really useful as fundraising platform and I would expect even more money to be sloshing and captured by ETH + ERC20 tokenspic.twitter.com/27N6KPGq7B
-
If ETH doesn’t become seen as a SoV, interoperability + abstraction + frictionlessness + seamless DEXes + atomic swaps will make that “near-term” holding period get shorter and shorter, potentially driving ETH velocity higher, and hence, price lower.
End of conversation
New conversation -
-
-
Why do ppl invest in stocks, they are not ideal SOVs either



-
Stocks aren’t money. The discussion is about new forms of money, monetary instruments. Not equity.
-
Ether is not marketed as money imo
-
SoV / digital gold
-
I’m surprised you aren’t acknowledging this. Even a coursory glance at all the technical and marketing material from day one has been ‘fuel’ focused.
End of conversation
New conversation -
-
-
The potential flaw in this thinking is that neo-gold is what the market wants. It might. But maybe it wants neo-programmable-money/neo-value? Or maybe it wants both neo-gold and neo-programmable-money? Show me an equivalent market with a single winner take all.
-
1) Programmability should be built on top of Security/Censorship Resistance/Immutability, not the other way around. Security / Sound Money has to take absolute precedence, with other things coming afterwards. 2) Example 1: TCP / IP. Example 2: Gold is 400x bigger than Silver.
End of conversation
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.