Quote from: americanpegasus on March 03, 2016, 12:34:06 AM

Quote from: mtnsaa on March 03, 2016, 12:17:18 AM

ETH is a token but in the Ethereum platform you can create any crap coin like Monero if you like in a second (that is if you have the skills). The cockroaches are coming out of the dark because there's fire everywhere. Ethereum is coming for them all, they had their time and they failed, even Bitcoin if you ask me. But at least Bitcoin will remain as a storage of wealth, it has proven its worth and it has a relatively stable price. I think that was its original intention, to be more of like digital gold, not a payment system (which is completely useless if you ask me).

Ethereum can not ever host something like Monero because Monero at its foundation is private money. Ethereum uses a public Blockchain. What is more likely is that an Ethereum replace would be built on top of Monero, if you insist on arguing the point. Additionally Ethereum switching to Proof of Stake opens it up to tons of issues with that model down the road.

My entire point is that Ethereum does not make good money because good money does just that - acts as a unit of account, unit of transaction, and store of value. Your insistence on the 'usefulness' of Ethereum only solidifies my point that Ethereum might have value (or not) but it does not make good 'money'.

Your definition of money is one that seems to be your own private definition that exists only in your head.