Ether is too big to fail because its premise hold endless opportunities and benifits. Understand the business and you will understand the product! Understand the product and you too will invest with knowledge, not forum gossip.
Nothing is too big to fail. Observe the past American housing market, or banking industry. I'm pretty sure those guys percieved themselves as 'too big to fail', right up to the Congressional hearing. And we are talking about serious market capitalizations.
"To big to fail" does not refer to market cap or $$$ size...
It refers to disastrous secondary effects due to the interconnectedness of institutions... so context is everything.
The $$$ size of major US banks circa 2008 was not the issue...
But their failure would have created a disastrous cascade... and liquidity crunch... and brought the US economy to a halt.
The DAO was "to big to fail" only in the context of Ethereum.
Ethereum itself, in real world terms, is of zero consequence... it's just another obscure tech startup.
Ether is too big to fail because its premise hold endless opportunities and benifits. Understand the business and you will understand the product! Understand the product and you too will invest with knowledge, not forum gossip.
Nothing is too big to fail. Observe the past American housing market, or banking industry. I'm pretty sure those guys percieved themselves as 'too big to fail', right up to the Congressional hearing. And we are talking about serious market capitalizations.
As long as the Ethereum is supported by the community including the miners,
and it is developed successfully, it will not fail.
being developed successfully now is it.