Ethereum Classic Overtakes Ripple and Steem

vishal1 (2)in #steemit • 8 years ago

Ethereum Classic has overtaken the most popular crypto currencies in the world like ripple and ethereum.

What can we expect from ethereum classic?

Can we expect it to beat Bitcoin?

#cryptocurrency #steem #coinmarketcap #ethereum

8 years ago in #steemit by vishal1 (2)

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idealist (56) 8 years ago

I keep wondering why people think ethereum H/C could be more valuable than Steem. The only thing you need ether for is for transcaction fees, which in itself is a showstopper for many business models. You can't use it for anything else. The huge potential lies some 10 years from now, and success is hugely unlikely, especially after the fork. Who would create a business on a platform with fees, if you can create it on one without fees? The huge potential of Steem is already here, and it might reach a value of billions in a year. The value of ether(s) is practically based on the bandwagon effect, while Steem's is on the network effect, which is unbeatable.

Anyhow, thanks for the news :-)

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