Ethereum will stay as is, a platform. Bitcoin will always and forever be the internet money.
Yes that is also how I see it bitcoin is already known as the digital money and for now nothing can replace it in its place 
Topic: Will Ethereum eventually become an internet money? - page 2. (Read 1053 times)
I don't believe ETH meant to be 'internet money'.
It's a platform.
Maybe it will be a platform that projects will use to create the future internet money.
It's a platform.
Maybe it will be a platform that projects will use to create the future internet money.
most of the replied here said no since it was not created to be one, i think eth have its own focus to served the purpose of its creation
and it should be that way and maybe better for all the coin which been developed should focus on their owned venue so they can be
more successful instead of trying to imitate btc.
and it should be that way and maybe better for all the coin which been developed should focus on their owned venue so they can be
more successful instead of trying to imitate btc.
I don't think it will be either, but it is, of course, not impossible. Just like any crypto - or any real-life product -, if enough people accept its value as money, it will be used as money (also).
If we all accept apples as money - even though it's also food - then apples can become money. I think that's a good comparison, since it shows it's not impossible, but at the same time, a little bit absurd.
If we all accept apples as money - even though it's also food - then apples can become money. I think that's a good comparison, since it shows it's not impossible, but at the same time, a little bit absurd.
Ethereum will stay as is, a platform. Bitcoin will always and forever be the internet money.
Ethereum has never been designed for this purpose, so no, it will not. Ethereum rather has been designed to be a world-computer, offering cheap computation power. Ether, its native currency, has just been given a value, but that is all.
The purpuse of eth is totally different from being a simply a "gold standard"
No I don't think it was made or created as an internet money though a lot now would prefer using Ethereum because of it blockchain but then have it exchanged still to Bitcoin in the end.
What do you think? Will Ethereum will, inevitably, eventually become the internet money?
Ethereum will never become the internet money after all, the purpose for it's creation is different. Ethereum was created for the sole purpose of running smart contracts for tokens. It is never intended by the owners for it to be used to pay online and because of this reason it will never become one. Even if there are many supporters of eth, it still won't happen unless a token running it will be used for that purpose.
No. I dont think so.
We do have a lot of supporters for ETH but the extent of making it as a currency is impossible.
It may have a great price now but that was thanks to altcoins who are using ETH as their mother.
It is so popular because of this.
http://www.investopedia.com/news/what-erc20-and-what-does-it-mean-ethereum/
We do have a lot of supporters for ETH but the extent of making it as a currency is impossible.
It may have a great price now but that was thanks to altcoins who are using ETH as their mother.
It is so popular because of this.
http://www.investopedia.com/news/what-erc20-and-what-does-it-mean-ethereum/
the short version: no, not in a million years
the long version:
ethereum is not supposed to be internet money. you need to really research these things before making an statement like this. it was not designed to perform as a currency. you can read this in statements of the developers too.
also on top of it, ethereum is not even capable of performing what a currency is supposed to do. and it was already tested and proven that it can not. the whole network simply fails under the load. and it had already happened.
the long version:
ethereum is not supposed to be internet money. you need to really research these things before making an statement like this. it was not designed to perform as a currency. you can read this in statements of the developers too.
also on top of it, ethereum is not even capable of performing what a currency is supposed to do. and it was already tested and proven that it can not. the whole network simply fails under the load. and it had already happened.
I can imagine that it might come to that.
Maybe some symbiotic relationship between those two currencies will occure.
Bitcoin could be the form of investment while Ethereum is becoming more and more the payment form due to its lower transaction fees.
Maybe some symbiotic relationship between those two currencies will occure.
Bitcoin could be the form of investment while Ethereum is becoming more and more the payment form due to its lower transaction fees.
I guess it wasn't developed for that purpose, but ethereum has it's own potential. We see it growing steadily, no long jump in the value growth, but it is growing. And because it has more block size for transactions, it's open source I believe, makes it desirable for many people. It's not certain if it can become internet money, but it has several potential.
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.
What do you think? Will Ethereum will, inevitably, eventually become the internet money?
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