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RE: Why Ethereum Classic Will Moon

in #blockchain8 years ago

the entire premise that ETC has no value since all devs are ETH devs has a couple fatal flaws. The first one I already pointed out and users dont really care if it is a copycat or not, if it is useful and works, that is good enough. So if ETH makes useful dapps, ETC has them.

also if you think that hoskinson has no devs or that there are no devs who will go from ETH to ETC, you are assessing the environment incorrectly. The lower cost of ETC alone is an advantage and a different set of people now have stakes in ETC and are motivated for it to succeed. this ETH maximalizm makes as much sense as bitcoin maximalism

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I didn't say that ETC has no value. The value of any digital currency in the market is determined by buyers and sellers, and clearly there are buyers in the market for ETC.

All I'm saying is that I believe the long-term value of Ethereum will be determined by developers, and right now the majority of dev talent is with ETH and it's highly like that the long-term value will be in ETH. We'll see!