Post
Topic
Board Speculation (Altcoins)
Re: Will BTC dominate in 2018 or Etherium will take he lead?
by
leea-1334
on 21/02/2018, 13:43:44 UTC
Ethereum is centralized, as demonstrated by Vitalik’s ability to command that “irregular state change”.  Among other things, I believe that is called a “single point of failure”.

There are some perfect descriptions, and there are some correct descriptions, I believe this is one that fully fits Ethereum. For such a long time, I could not bring myself to buy Ethereum or even store it, even when Bitcoin was having such problems with high fees and transactions. I know people call me stupid around my networks for thinking like this, but this is the point I do not like.

Bitcoin has many threats, but they are all indirect and can be overcome. I see Eth's centralized leadership exactly as the point of failure I dare not gamble on. So yes, today I have a bit of ETH, but I do not see me having it in two years. It can be whatever price it becomes, it will never win me over.

Thank you for always remembering DAO.