Just because I caught Szabo in a dull moment and have called attention to his myopia in promoting Ethereum when they haven't even solved the fundamental issues, that means I am bragging 
Ethereum now has a $400 million market cap and even if the price doesn't increase, the market cap will grow 18% per year due to new coins being created. If without any price increase the market cap in 10 years will be $1.6 billion just due to new coins created.
Any one think that is a good investment
Hell even if it is a good design, it will be forked. It will never reach critical mass like Bitcoin to sustain a market to a $trillion market cap.
The upside is gone. Only bag holders buying or HODLering now. Any sane person would obviously sell at these prices.
Ethereum now has a $400 million market cap and even if the price doesn't increase, the market cap will grow 18% per year due to new coins being created. If without any price increase the market cap in 10 years will be $1.6 billion just due to new coins created.
Any one think that is a good investment
Hell even if it is a good design, it will be forked. It will never reach critical mass like Bitcoin to sustain a market to a $trillion market cap.The upside is gone. Only bag holders buying or HODLering now. Any sane person would obviously sell at these prices.
And why don't you go read about how dumb Szabo is about the smart contract issue:
https://bitcointalk.org/index.php?topic=1361602.msg13870882#msg13870882
There is the video of him not understanding the externalities issue and Turing completeness (see above link).
And then add this:
And yet you claim Szabo is Satoshi. You guys are a like a dog, you will hump any tree stump.
How about getting in touch with reality.
https://bitcointalk.org/index.php?topic=1361602.msg13870882#msg13870882
There is the video of him not understanding the externalities issue and Turing completeness (see above link).
And then add this:
Im not a fan of the term smart contracts. For a start, it has been used by so many people for so many different things, that we should probably just ban it completely. For example, the first known reference is from 1997, when Nick Szabo used it to describe physical objects that change their behavior based on some data. More recently, the term has been used for the exact opposite: to describe computation on a blockchain which is influenced by external events such as the weather. For now lets put both of these meanings aside.
I want to focus here on smart contracts in the sense of general purpose computation that takes place on a blockchain. This meaning was popularized by Ethereum, whose white paper is subtitled A Next-Generation Smart Contract and Decentralized Application Platform.
I want to focus here on smart contracts in the sense of general purpose computation that takes place on a blockchain. This meaning was popularized by Ethereum, whose white paper is subtitled A Next-Generation Smart Contract and Decentralized Application Platform.
And yet you claim Szabo is Satoshi. You guys are a like a dog, you will hump any tree stump.
How about getting in touch with reality.