Topic: Ethereum vs. Big Companies - page 4. (Read 1007 times)
i THINK Ethereum has proved its dominance in encryption. It will not be killed. Ethereum has been running for several years, and it is mature in all aspects. Ethereum 2.0 is about to be upgraded, and its technology will be better upgraded
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It's possible for them to be an established currency in the market, but still I think people will not feel comfortable to use centralized currency. Have you seen the other post which talks about the Binance? Binance is trying to hold a big space on the market which most people will not like. The same will be with facebook or whatever.
...what do you think,
can big companies like amazon, google, facebook, or apple kill ethereum?
Possible Reasons:
-much more money
-more business partners
-more employees
Why do you question that? Are you one of the culprit? Or do you want to build a new opinion to drop Ethereum?can big companies like amazon, google, facebook, or apple kill ethereum?
Possible Reasons:
-much more money
-more business partners
-more employees
I think Ethereum will survive well even though it will pop new coins managed by big companies like Facebook or Google.
Ethereum is widespread in every wallet. And it has been well tested that the ethereum platform is safer for storing ERC20 coins.
The ERC20 coin as a supporter of Ethereum is now very much. So my opinion is ethereum remains irreplaceable.
Logically: Bitcoin is the first coin to appear with the blockchain system, after that there are thousands of other coins. Has Bitcoin been defeated by thousands of new coins? certainly not.
Ethereum has gained importance as the leading cryptocurrency next to bitcoin. There is nothing to worry about ethereum getting killed just because of the large companies getting into the payment process. Recently Apple has created its payment service render Apple pay. Those were centralized and ethereum is far beyond the same in terms of innovation. Maybe later years large scale companies will adopt the smart contract platform.
I do not think so. They might have the money, big partners and bigger employee. I do not that is the determining factor. How about "technical know-how", Empirical experience? it will not be that easily, if such will happen.
If they know they can actually take it then they might actually do something about it but at the same time why not take advantage of something that already exists if you want to use something in blockchain world instead of going out of your way and spending a ton of money and man hours to build something from zero if you are not going to take advantage of it.
Facebook for example is building libra because even if they do not take a single dime from the transaction fee's the best case they can do is sell your data to someone else according to what you spend the most of it on, if you buy milk then your info will be sent to milk companies, same with everything. That is why if you are going to utilize and make a decent return then yeah go ahead and do it but if not then they will probably not even try.
Facebook for example is building libra because even if they do not take a single dime from the transaction fee's the best case they can do is sell your data to someone else according to what you spend the most of it on, if you buy milk then your info will be sent to milk companies, same with everything. That is why if you are going to utilize and make a decent return then yeah go ahead and do it but if not then they will probably not even try.
I do not think that is possible and i do not know why they will want to kill ethereum, as some of them are already working on different projects based on eth network and even if they come up with their own blockchain that will not mean that they are against eth, they can easily co-exist like dozens of other projects.
ethereum will not be easy to beat by any company, ethereum will have a tremendous surprise for its supporters and ethereum can be said to be a very stable coin because it has a very large total supply and many platforms created from ethereum which will make ethereum possible last all this time. ...what do you think,
can big companies like amazon, google, facebook, or apple kill ethereum?
Possible Reasons:
-much more money
-more business partners
-more employees
of course not like that, because these companies have not all plunged into the world of cryptocurrency,Even if the companies start entering cryptocurrency funds, of course market competition will be quite fierce, can big companies like amazon, google, facebook, or apple kill ethereum?
Possible Reasons:
-much more money
-more business partners
-more employees
I do not think that is possible and i do not know why they will want to kill ethereum, as some of them are already working on different projects based on eth network and even if they come up with their own blockchain that will not mean that they are against eth, they can easily co-exist like dozens of other projects.
Aren't many of those companies building their tokens on the back of the Ethereum network? Seems Eth will be around for awhile.
I am still confused about how big companies can turn off Ethereum. Indeed, they are a big company, but as the other members said above, Ethereum is a payment manner, not a company like them. So it would be better if they support each other and use ETH as one of the payment methods.
I do not understand how they can harm ethereum, rather they will use it and help its development
I believe that they can hardly be competitors. The fact is that if even the services listed by you launch their own cryptocurrency, then it will only be used to pay for services and goods within these platforms. As for Etherium, it saboy represents the basis for the creation of both new cryptocurrencies, and new platforms, services and Dapps. Even on the basis of this information, we see different directions and applications. In any case, I believe that Etherium will retain leadership, and maybe even become more successful.
Of course, companies with such a huge capital as Amazon can kill ethereum if they want. They can also do the same with any other online , or offline business if they really want to, because big money always do what they want and companies of such a young market as the cryptocurrency market cannot resist them
These campaigns will not create any coin which will be a competitor for ETH. I think that these campaigns do not need a currency that will be associated with smart contracts
If these companies listed above are going to have their own digital currency, I am sure they will want to have a stable coin like we see the Libra coin trying to develop into. When they do this, I am sure they are not going to dethrone ethereum overnight, a lot of projects already using the ethereum platform and we have many operations on the ethereum network, ETH might just still still retain its position in CMC.
Kill Ethereum? Why do you think that these merchants will end ETH? What is the relation? Shouldn't it be better if they could work together? ETH and the merchants have different goals, they are merchants, companies that trade things, social media platforms, and others. Whereas Ethereum is a cryptocurrency.
...what do you think,
can big companies like amazon, google, facebook, or apple kill ethereum?
Possible Reasons:
-much more money
-more business partners
-more employees
Of course not. these are completely different businesses but they are all about technology. ethereum is a platform development business, it's not the same industry as Google or Apple.can big companies like amazon, google, facebook, or apple kill ethereum?
Possible Reasons:
-much more money
-more business partners
-more employees
So no competition takes place here, every business has its own mission.
They can but I don't think they will spend a lot of money to do it. ETH will still live, their coins will probably exceed ETH rank. But you can look at EOS right away, they call billions of dollars, but still haven't passed ETH
...what do you think,
can big companies like amazon, google, facebook, or apple kill ethereum?
Possible Reasons:
-much more money
-more business partners
-more employees
Cannot answer no, because they are big companies. But Ethereum also maintains its superiority because Ethereum is an altcoin that is very popular in crypto. Competition in the investment business is very good for progress. can big companies like amazon, google, facebook, or apple kill ethereum?
Possible Reasons:
-much more money
-more business partners
-more employees
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