alevlaslo
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November 27, 2018, 09:40:08 PM

Very confusing name - cryptocurrency. Therefore, it seems that we are talking about a currency like the dollar, only digital. But the dollar is also digital. And it's not about deflation, and not that ETH is not created by the government, but by miners.

ETH is a Protocol for transmitting value. And when you understand this, everything becomes clear and the huge value of ETH and its prospects.

It is more logical to compare it not with money, which is a measure of value, but the cost itself can not transfer. Therefore, we certainly need intermediaries to transfer this cost (banks, money changers, exchanges, people, ATMs, etc.).)

ETH is closer to the Internet than Money because it is a Protocol. It is able to convey value in itself and this is its value.

The Internet is a Protocol for transmitting Information. ETH is a Protocol for transmitting Value.

Both of these core protocols are the basis on which global networks are being built.

ETH is the third Protocol after the Internet and bitcoin.

Bitcoin is the second Protocol after the Internet. Now there is not even one application for it.

It as if the Internet in the form of the Protocol already was, and here any site under it isn't present.  ETH is the third Protocol with applications.

And how to explain to the layman that before you a valuable thing? It is clear that the inhabitant will tell is a  fraud

But we are at the very beginning.

But the heyday of ETH-it's close.