The truth is hard to swallow - We know that any critics on any cryptocurrency or blockchain tech is doomed on steemit, there aren't many articles on Steemit that are making big bucks when having a "negative" attitude towards anything related to blockchain tech & cryptos. That won't stop us from posting critical views, the truth must be said and without the truth & critics, we can not improve anything effectively, especially blockchain tech.

But that is a common problem in the bullish world of investment. Nobody wants to hear any bad news, everybody only wants to profit and cash in. Steemit is not the only platform, it's actually much worse on youtube, when people criticize cryptos in the comments, and some of them are really constructive, yet they get spammed, or insulted or don't get any upvotes at all. On the other side, "positive comments like" I'm a believer in xyz coin/im sure xyz coin is the next bitcoin/will invest all my savings in xyz coin / I'm all in xyz coin, see you in 5 years guys when im a millionaire etc. are getting votes like crazy. That's human psychology I guess. We all know how essential psychology is in the world of trading & stocks.

Now coming to the main part of the article:

Can Ethereum Really scale to meet demand?

Let's take a recent example: The recent ICO of Status, ended up affecting the entire ethereum blockchain network , now valued at more than $28bn, causing it to run more slowly for users. Users struggled to get transactions and contract updates processed, while a some exchanges temporarily shuttered ether trades to deal with the congestion.

So, if the Ethereum network, can't even handle an ICO - although it was probably the largest ICO with the most traffic ever, can we expect the ethereum blockchain really become the 'new internet' ? The engineers behind it - especially Vitalik Buterin - have to come up with a really really, really good solution. Especially when a new cryptocurrency called "Medium" wants to make Every Story an Investment Opportunity with Micro ICOs.

This is a very basic problem, yet so important. We aren't even talking about Bitcoin here, considering that Bitcoin Payments will be available in 100,000s of Japanese Stores next year, more and more shops globally accepting bitcoin as payment and an open and decentralised market growing day by day we really don't want to think about that, even with Segwit integration which is known to be only a temporary mid-term solution... we'll leave the headached to the Bitcoin development team.