1. The name. Einsteinium is already the name of an element, which makes things confusing.
2. The idea. "We give money to scientific projects". What makes the devs qualified to decide who gets the money?
3. Use cases. It would be weird to buy groceries with "Einsteinium".
If you disagree with me, it's probably because you're an investor and you want to believe in what you paid for.
I study to become a research scientist in real life and I wouldn't touch this with a 10 ft. pole.
You make some valid points but also come across as an arrogant dumbass. Please consider these counterpoints:
0. You can make your points without any arrogance or condescension; try it some time, it really is possible. (Can't promise I'll set an example today, but I've done it before I swear!)
1. The name: Just exactly who is going to be confused? PhD's in chemistry? Anyone learned enough to even know the element exists is going to have enough brain cells to distinguish based on context. It's not exactly an everyday part of our lives ("honey, we have guests, let's put out the einsteiniumware"). It would be different if it was a universally known element, like Carbon... oh wait, Apple already used that to name an API of theirs. Can you imagine all the programmers who were wandering around confused for years, trying to keep the Apple API and the chemical element separated in their minds! Oh yeah, now I remember -- that didn't happen at all, everything was fine.
2. First, it isn't an idea that fails if the absolute best possible choice for the grants aren't made -- otherwise the entire scientific establishment's grant process could be judged a failure. There are many different grant programs in the world, none perfect, so why try to nitpick a potential new source of grants? The more grant money the better. Secondly, it is my understanding that holders of EMC2 tokens will get to vote on the spending, not the devs. Guess you'd know that if you'd done a little research before shooting your mouth off. What field did you say you were in again? Does it require knowing how to do research? Did they teach you how to do that yet? Maybe next semester they'll walk you through it.
3. I don't plan on buying groceries with Ethereum, or even Bitcoin for that matter (until / unless they fix their scaling problems), but it doesn't mean those coins don't have value, or use cases.
But I think the absolute dumbest thing you said had nothing to do with the coin. You don't hold Einstein in particularly high regard? And you claim to be studying to be a scientist? How much science have you actually learned yet? A century after one of if not the greatest intellectual insight in human history, no-one has been able to better his theory. Not for lack of trying either. Utter failure by all the scientists in the world working on fundamental physics to either unify the other physical theories with relativity, or replace it. 500 years from now, people will remember Einstein's name, as they do Newton today. No-one will remember you. If Einstein was alive today, he would not even know you exist. But thanks for registering your thoughts with the general public. Now we know some random guy doesn't care for Einstein. There's no love lost the other way, believe me.