I completely missed the boat on ETH and I'm still pissed about it. But I still don't get it. If decentralized applications ever take off, won't using ETH be prohibitively expensive at this price? Such that a cheaper alternative will instantly take it's place?
Cost of gas for computations is price-adjusted, so shouldn't increase in real terms until there is competition for block space.
I remember when block space was cheap as chips. What's in store for those dApps when it's a buck a transaction? Am I missing something?