I'm all about bitcoin. So, do NOT take this post the wrong way. I just thought observers of this thread might find this article interesting
Thanks for that. Found it very interesting. Crypto is a multiverse and will constantly evolve - anyone that gets pissed because something does not say 'BTC rules' is being myopic IMO. There is always more to learn and more room to grow. Embrace change or be overcome by it. If BTC can't do that, it's really failing at it's mission, given it's lofty objectives.
I would have to agree with you. I'm keeping an open mind [As always] to crypto of any sort. I've had my doubts in the recent past about ETH. However, now I'm beginning to see a bit of promise with it.
I have officially gone 52%/48% with BTC and ETH.
EDIT: I have been very biased of other crypto's than bitcoin in the past. ETH is the only one I have seen [As of late] with potential other than BTC. My only concern that could potentially put a halt on it is how the SEC in the U.S. responds to DAO's (securities).
I don't claim to know a whole hell-of-a lot about ETH; however, from what i have been reading in the past several months (mostly since about the January's pump and continuing), there seems to be a lot of ETH fluff and not a whole hell-of-a lot of substance. Sure there are a lot of great ideas within the ETH space, but that does not mean that it is anywhere near to as valuable as BTC.. and one problem is ETH's various centralization areas (contributing to the pump, and soon thereafter dump), and another problem is that in the whole scheme of things, ETH seems to be very dependent upon the ongoing success of BTC.. riding on the coattails of BTC... yeah right sure, I will concede that there seems to be quite a bit of reverse price correlation between BTC and ETH, yet I would still conclude that it seems very risky to allocate any more than 10% of your BTC related investment into ETH (I personally have not put anything into ETH, but I can understand that others may think differently from me, and therefore I can reasonably understand someone who considers ETH pump potential etc and may decide to invest up to 10% of total BTC related holdings into ETH as a kind of hedge).
Sorry Fakhoury - I certainly don't want to go too far down the ETH rabbit hole - even though a lot of us in the BTC space likely recognize that there is a certain extreme level of hype currently surrounding ETH ideas that may in various ways distract from BTC fundamentals and the much more solid value that BTC has over ETH (mainly the decentralized and immutable components of BTC are something that ETH has not even come close to achieving)..