I understand why bitcoin is worth money. It has a fixed value, and explicitly designed to be a store of value. Sort of like gold. But why is Etherium worth anything? What is one unit of Etherium? The technology being used (blockchain and smart contracts) doesn't care about quantities of Etherium at all. And it is fiat (more can always be created). I don't get it. Can someone explain?
Because if you don't wanna trade with it, we will literally come to your house and kill you and your family. Just ask Kaddafi.
Landon Peterson
You need it to participate in ICOs
Lucas Wood
Yep!
Cameron Thompson
Etheriums worth is based on the shit coins (and none shitcoins) and apps built on top of it. It's like a bar of gold that can do stuff. By itself, Etherium is nothing.