Altcoins News

Story: Ethereum (ETH) a Project by a Teenager with no Experience in Project Management

By Steven Anderson

1 / 12

There is a sure fire anticipation of the financial apocalypse.  It goes that Bitcoiners want to survive the financial apocalypse and Ethereans want to cancel it.

2 / 12

There are some who feel like:  Imagine waking up every day hoping the world has gotten worse and hoards of distressed people are now rushing to pump your bags.

3 / 12

Some state, I never want to see BTC at $1m because it will mean the U.S. has become a failed state, and I'd like to see us resurge instead.  $BTC is a bet on stagnation.

4 / 12

Also, Novogratz explained why. BTC is understood as an asset class by fund managers. ETH is still a bet on the tech and they don't understand it and don't realize how close ETH is.

5 / 12

When someone pointed to how it is hugely bearish for ETH that NBA is using flow? Someone replied stating, Ethereum can't handle NBA-level volume yet, but that will change as…

6 / 12

Many of them felt that ETH can’t handle the volume, but a brand new blockchain can? Some were wondering if once 2.0 flips, it will be able to handle the volume.

7 / 12

More of such mixed opinions keep popping up.

8 / 12

Ultimately, the mainstream doesn’t care for the tech behind it all.  And, the majority are just like:  But the gas thought!

9 / 12

There is no denying that Ethereum is useful to all kinds of people.  Defi is analytical and NFTs are artistic.

10 / 12

Users need not be inundated with all the technical minutae. They just need to be given an intro to it, what it is, and how it could benefit them.

11 / 12

Someone stated ETH is a project started by a teenager who has no experience in project management whatsoever and took in billions of investment while making timeline projections…

12 / 12

I will stick to the project that follows the principle of: "Do one thing and do it well."

The Currency Analytics

Want the full story?