7 Reasons Ethereum will not be the currency of the future
- ETH is no official currency, BTC is in many countries, like Japan, EU
- To keep a high ETH price you need more than 400 BTC if not even more than 500BTC which will cause BTC to rise.
- ETH smart contracts are hackable. BTC is not hackable in any way.
- ETH has permanent inflation , and will eventually keep decreasing in price.
- ETH keeps these high prices, because of the very small possibility of a positive SEC ETF descision. If the SEC denies ETH will be deep in the red, remember BTC and SEC?
- ETH technology is good, but by far not the best, many alt coins are more advance than ETH. ( STR for example, BTS is similar )
- ETH buyers are filled with people with little understanding of crypto. These holders usually panic sell easily, which will not cause stability.
I would also add, that ETH is very dependand on Vitalik (as it was mentioned couple of times). What would happen, when Vitalik would decide to leave ETH development?
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