Quote from: mainpmf on February 12, 2016, 10:16:15 AM

Quote from: BlindMayorBitcorn on February 12, 2016, 10:09:23 AM

Quote from: BlindMayorBitcorn on February 11, 2016, 03:54:46 PM

Quote from: Fatman3001 on February 11, 2016, 03:20:37 PM

Quote from: ImI on February 11, 2016, 02:50:29 PM

Quote from: BitUsher on February 11, 2016, 02:44:54 PM

Quote from: BldSwtTrs on February 11, 2016, 02:42:45 PM

The main advantages of Ethereum over Bitcoin is that people in control are qualified and expected to not screw everything, unlike Core people.

You must be oblivious to the development crisis's and mistakes in Ethereum and the flight of developers from that project.

I think its main advantage could be that the founder of the project is still there and functions as a "natural consensus". Also its good that his identity is known.

Apart from that ETH could get the same problems and civilwars that Bitcoin is experiencing.

Good point.

All this cultist crap around Satoshi is not healthy.

Might be nice to know some lone ranger can't suddenly up and flood the market with bags and bags of coins. IDK. It is a trust machine, after all.

This might hurt.

https://www.reddit.com/r/ethereum/comments/45bhus/so_the_ethereum_foundation_can_now_fund_itself/czwqr30

I don't understand, why would it hurt?

Because the Ethereum foundation has humongous expenses it has to pay each month, and it only has ~$750k in non-ETH assets left to pay them with. After that all it has left is ~1.65 million ETH to pay those expenses with, and if it can now fund itself that could mean dumping those ETH for Bitcoins, then dumping the Bitcoins for fiat.

https://www.reddit.com/r/ethereum/comments/45bhus/so_the_ethereum_foundation_can_now_fund_itself/czwpr04

Quote

[]vbuterinEthereum -- Vitalik Buterin 52 points 11 hours ago

The foundation currently has ~1.65 million ETH, plus ~$750k in non-ETH assets. 1650000 * 6.1 + 750000 = $10,815,000. Based on our current ~$200k/month burn rate, that will last us ~54 months ~= 4.5 years. That said, we are planning some substantial expansions which will increase our expenses but also get casper and other fun stuff out the door much faster, and we are also starting to get interest for corporate sponsorships coming in, which could secure us a more sustainable funding path in the long term.