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eBay exists for the same reason bitcoin will, it was there first. Ethereum is very similar to amazon because it is a better more polished implementation of the same thing and I would say antshares is like alibaba since its very chinese oriented. Unfortunately I think the cryptos will mostly fail like the internet crash with 10-20 currencies being widespread like the googles and amazons and the rest falling by the wayside.

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I thought Ethereum was more of a smart contract platform than a cryptocurrency. Why specifically do you think cryptos will crash?

It is both with the added benefit of ether serving as the gas for powering the smart contracts which makes it even more valuable than bitcoin think commodity like oil rather than gold. Most of them will crash because the market cannot support this many businesses that are this large, it is simple math haha... and as history has shown us just because people put money in a company doesn't mean that it will succeed or even make a viable product. There are companies that are complete vaporware worth hundreds of millions.

Albeit true, Jeff B said something interesting, "this idea is not going away". That fundamental concept just may be the tide that changes the time. What do you say?

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