Wanderer of the Wastes
ETH is not intended to be a store of value though.I can't buy into eth. *I hope that popescu or whoever broke that shittily written dao thing does sue and get his money back.
How is eth better than fiat if the developer can say : ya screw your money I don't like what u did so, fuckin yoink.
If anything, that makes it even less fungible than serialized paper cash.*
What ETH aims to be far outweighs the fallout from the DAO fiasco imo. I don't care about the moral platitudes around immutability of in-development un-finished tech. Why should a hostile actor keep 15% total supply before it's even out of beta? BECAUSE of beta they could rollback; why should a cheater keep his score post-launch?
At least it got everyone thinking about their smart-contract security first & foremost....
Recently announced 'Enterprise Ethereum Alliance' with JPMorgan, Microsoft, Intel...
ETH is too promising to ignore completely. internet 3.0 right here. but you're right to be wary... attack surface the size of jupiter...