Will Ethereum eventually become an internet money?

janedt

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Quote from: Filmmmakerr on August 14, 2017, 05:11:25 AM

Ethereum will stay as is, a platform. Bitcoin will always and forever be the internet money.

Agree with this but since many new altcoin will born every years, it will makes the Ethereum price increase though, even not high like the bitcoin price. Actually the project itself Ethereum is really success and it is an internet money for the dev of ethereum lol. What i'm sure is the longevity of Ethereum will be long.

Lucky_U

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Ethereum actually was developed not to become internet money, it's a platform for other purposes.

Zicadis

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Dump it!!!

Ethereum initial purpose is/was to help other devs build smart contract applications on the eth blockchain and not to aid the payment system. People opt to use it for payments because of its fast block times which makes it convenient for everyone to use but when it comes to internet money we have other crypto coins that are more suited to be used for this purpose.

Bay_Harbour_Butcher

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It could happen, because very many ico projects are using ethereum, but it would still be very difficult to be "internet money"

Latrix

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Eventually it will, the diverse usage of Ethereum is too wide. so basically it will be commerical and finance giants currencies to manipulate the market.

ttt111

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no it will not be an internet money

helloicon

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Actually, Ethereum was basically designed as a token for smart contracts, not as internet money.

kalich

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Bitcoin is deflating coin, Eth is inflating. That is the main difference. But Eth will be a great platform for ICO I think.

dimonstration

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Dimon69

Quote from: EverumCasino on August 15, 2017, 02:31:09 AM

Quote from: nrvasquez on August 14, 2017, 10:15:52 AM

Quote from: renes on August 14, 2017, 03:02:28 AM

No because it is not designed to become an internet money, neither the community nor the developers and creators have this kind of goal or vision.

Yes, I also agree with your opinion, the purpose of making ethereum is not for that, they have a bigger goal in the field of technology that will bring a new breakthrough in the world of technology.

It seems to me, the secret of Ether's success is that the Ether platform gives the possibility of creating new coins. Interest in new coins is the engine of interest in the Ether. Look at the facts - Ether is already Internet money.

Not already a internet money but it has potential but not in the way that it would be a internet money nor in the near future.

jezus

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What does it mean?

slaman29

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Quote from: LilibethSantos on August 15, 2017, 02:53:16 AM

I suppose anything could be used as a currency, even if that was not the intention. Like how prisoners trade cans of fish or cigarrettes as currency. If Ethereum has the majority of the market share, then it COULD be the de facto curency.

Realistically, I'm thinking that Bitcoin will reign as the top internet currency in the future.

I remember reading about that maybe last year? Cigarettes are now the second most valuable currency in prison. Ramen noodles are now top, and especially in USA and Europe actually! ETH may never reach de facto of Bitcoin but it could have its own niche, the way Monero has a niche. ETH the investment currency maybe.

LilibethSantos

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I suppose anything could be used as a currency, even if that was not the intention. Like how prisoners trade cans of fish or cigarrettes as currency. If Ethereum has the majority of the market share, then it COULD be the de facto curency.

Realistically, I'm thinking that Bitcoin will reign as the top internet currency in the future.

crismass1225

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Im not quite sure that Ethereum will become an internet money, but Bitcoin can be one. the good thing about Ethererum is you can build other coin using their platform... next, investor and other miners will not agree with that because government will pass a bill for taxation of each one of your coin when it happen.

EverumCasino

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Quote from: nrvasquez on August 14, 2017, 10:15:52 AM

Quote from: renes on August 14, 2017, 03:02:28 AM

No because it is not designed to become an internet money, neither the community nor the developers and creators have this kind of goal or vision.

Yes, I also agree with your opinion, the purpose of making ethereum is not for that, they have a bigger goal in the field of technology that will bring a new breakthrough in the world of technology.

It seems to me, the secret of Ether's success is that the Ether platform gives the possibility of creating new coins. Interest in new coins is the engine of interest in the Ether. Look at the facts - Ether is already Internet money.

teamcryptonator

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Quote from: nrvasquez on August 14, 2017, 10:15:52 AM

Quote from: renes on August 14, 2017, 03:02:28 AM

No because it is not designed to become an internet money, neither the community nor the developers and creators have this kind of goal or vision.

Yes, I also agree with your opinion, the purpose of making ethereum is not for that, they have a bigger goal in the field of technology that will bring a new breakthrough in the world of technology.

But in my opinion, they want create a community use cryptocurrency for market online. User can buy any things as FIAT and not have any worry about the risk get scam ...

nrvasquez

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Quote from: renes on August 14, 2017, 03:02:28 AM

No because it is not designed to become an internet money, neither the community nor the developers and creators have this kind of goal or vision.

Yes, I also agree with your opinion, the purpose of making ethereum is not for that, they have a bigger goal in the field of technology that will bring a new breakthrough in the world of technology.

Ayers

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Quote from: bcnaranjo on August 13, 2017, 10:11:49 PM

What do you think? Will Ethereum will, inevitably, eventually become the internet money?

no but it can be a good support coin, for bitcoin, bitcoin is the internet of money, and ethereum can support bitcoin, for something that can be build on the blockchain by providing a good decentralized platform, that bitcoin do not have and we can not build everything on the bitcoin blockchain

berrygood

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If any coin is going to be a internet money, that should be bitcoin or monero but I don't like privacy in coins.

Mahanton

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Quote from: bcnaranjo on August 13, 2017, 10:11:49 PM

What do you think? Will Ethereum will, inevitably, eventually become the internet money?

Its possible to consider but i think Bitcoin would be the first in this case on which it would be an internet money but thinking of on to reality aspect i guess no one would really reach out that point even bitcoin because government wont really allow such thing to happen i would say that people will still prefer local fiat coins and sticking into those tradition payment online system.

Gummybear67

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Quote from: bcnaranjo on August 13, 2017, 10:11:49 PM

What do you think? Will Ethereum will, inevitably, eventually become the internet money?

Yes, it seems to be the digital money for many people and that how i see in bitcoin. Bitcoin can use for a lot of important things to make our lives be meaningful and have some sustain life and now it can be replace for money to have to do some specific things.

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