All these coins.
Surely, long term, what will make a coin worth a lot is if it is a limited commodity and can be
easily used by the public to buy stuff.
At the moment, ETH / ETC and other cryptos gain value by our speculation (I have small quantities)
But no one is actually buying stuff in large quantities with coins like ETH.
My understanding of ETH is that it is the network that is useful, it is a programmable network,
the coin ETH is issued as an incentive to keep the ETH Network online.
But other than that, it has no other value, except speculative.
Bitcoin's success is because people can actually buy things with it.
OK, a lot of BTC's value is also speculative, but it is a coin you can buy stuff with.
Unless you can buy things with ETH, the only reason for holding on to it, or obtain ETH is to keep the network
up and running.
I think one of the things missing from ETH and other coins is that you can't do anything with them other than
hold them for their speculative value.
Ultimately, when the masses pour in to Cryptos, they are going to want 'coins' that they can buy stuff with.
They'll have no interest in keeping the network up and running.
So most of the money will be in spendable coins, which presumably means coins issued for network
maintainence, without any effort to make them in to a currency, will be worth less.
i agree with some of your comments , you are right. However with ETH, you can create currency based tokens.
example...Plutus
"Waiting for merchants to accept Bitcoin and Ethereum? You don't have to! With Plutus Tap & Pay, you can pay at any NFC-enabled merchant."
Plutus can do more than that too.
Its still early days and anything could happen...pos switch wont be as simple as some think.