(some) Ethereum fundamentals and why more than half of my portfolio is on ETH

in #ethereum8 years ago

ICOs, ICOs and ICOs


It seems there's a new and revolutionary ICO every week and I'm becoming overwhelmed by them, but I think it is a good thing for Ethereum. More and more of them means more and more usage of Ethereum, and by this improving all the ecosystem. Some will say that the risk of having a token more valuable than the Ether itself will compromise everything but anytime soon this will not happen.

The new Enterprise Etherum Alliance member

This is for sure adding value to the coin, all of us are waiting for a big announcement, in the last few weeks there have been always the possibility of a new member joining the alliance but all are rumours now. Microsoft, Intel and JPMorgan are the more prominent members but a Tesla or an Amazon incorporation it's possible, although these companies may not join anytime soon but it's sure that other not as big companies will enter in the following months.

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Store of value


Being one of the most important cryptocurrencies with a considerable growth makes it a good store of value and de wallet software improvements are helping people to hold them.

Comparing with Bitcoin

Every time I see the saturation with bitcoins transactions I think there are more similarities to gold than ever, I see bitcoin more as a store of value coin because the amazing and new shining technology it had 5 years ago has become less differentiable with the other coins with advancements as: fastest transactions, lower fees, more security and more anonymity. To make it clear, this does not mean bitcoin would not be much valuable than Ethereum for a few months or years at least (or maybe for ever) because Ethereum is dependent to bitcoin now and this will not change any time soon.

I'm working in a post about how Tesla could implement ethereum in their ecosystem and the possibility of joining the EEA.