Don't think of Ethereum as a cryptocurrency. Ethereum is more a crypto-solution to centralized web services rather than financial services.
Think of its token, ether, as fuel for ethereum processes.
Nope. The only thing it is is a money making train right now. Incredible volumes. The only thing folks are seeing is profit. People would trade a token whose only function would be to make your dachshund sing like Michael Bolton if it made them similar money.
Yeah well there is a reason why Ethereum is so popular. Can't blame the people who solely focus on Bitcoin for missing that, because, well, they solely focus on Bitcoin (and call everything else an altcoin). I saw someone compare Bitcoin to the gold of the internet based economy, and Ethereum to the fuel (the black gold) of it. Ethereum is way ahead of Bitcoin in enabling decentralised apps, where the token is the fuel for running these things.
I think it's a shame that develeopment of BTC is so self centered. You can't just keep relying on having the biggest market cap. Developers should look at innovations elsewhere in the crypto sphere. Or be left behind one day.
Bitcoin is too inflexible for what Ethereum is trying to do and vice versa. With Bitcoin Ethereum has a safe and reliable store of value which it can integrate into its systems. With Ethereum Bitcoin has a platform uniquely suited to expand its potential. It's a win-win situation.