Quote from: superresistant on January 27, 2014, 08:40:36 AM

Ethereum is flawed because :

- the creator is too greedy (36 millions Dollars IPO + 50% pre-mine + people will have their coin confiscated for 1 year)

- the creator is the first in the world of cryptocurrency to be a public figure and want fame

- people from the banking system are behind it

- the devs are not going to develop any application, so they are not going to add any value

- the development toolkit is a simplification of C++ which mean that : no application will ever be optimised, no application will ever be as effective a an application directly written in C++

- the bloated blockchain problem is going to be infinitely worse in Ethereum than Bitcoin

- the Proof-of-Work system (makes it a 1st gen currency not a 2nd) is not viable in long term because of the growing energy and hardware requirement

- the Ethereum Dagger PoW function is flawed

- Ethereum push people to do copycoin and scam IPO, soon there will be MILLIONS of this shit everyday

Thanks for the list.
And to think that I was even considering "participating" at one point...
Hopefully, people will stay away.