With the current ethereum flashcrash to 0.10 cents this week, and apparent scaling issues the ethereum blockchain is experiencing due to only 1 ICO (initial coin offering)
Which are tokens created on the ethereum protocol with 4 lines of code.
Is ethereum a bubble?
Hyped by mainstream media and uninformed none-technical investors?
Imagine if there were very popular Dapps (which are none) the network will not handle the transactions volume at this point.
Current valuation of ethereum is on empty promises made by ethereum developers which have been postponed time and time again.
With unlimited inflation rate and no cap on coin supply, it is not a store of value nor currency.
Move fast break things is the ethereum developers moto, which currently is backfiring.
We discuss current ethereum events and also bitcoin & altcoins.
on the bitcoin meister podcast.
What are your thoughts?