Technically right. But suppose i got paid today.. what can i spend my ETH on?? Bitcoin?
No, you can do what Elmer does: Sell it in the street for filthy fiat & make money. And convince your landlord to take ETH instead of government scrip.
Mass acceptance doesn't happen all by itself, we need to make it happen. Why would stores start accepting ETH if no one is willing to spend it?
It's also not yet near any kind of store of wealth.. and supply is not fixed.. so it's likely to be a poor store of wealth.
If people use it as a store of wealth, it's a store of wealth. Also a great investment vehicle, USD price went up by ~1,000% (one thousand percent) in 2016 alone. Pretty good compared to BTC, no?
Fixed supply is neither here nor there, that's
BTCeanie thinking, totally early 90s.
BTCeanies supply is limited, as is
BTCBTCQ coins, as is 100s of other dead coins. How's that value doing?