The hypotheis that there are plenty of uses for etherium is totally compatiable with the hypothesis that Etherium will say be worth 1⁄2 it’s price in a year from now.
In other words, even if Etheriumn has a practical use case, it might very well be that the system is actually worth 20 billion or something (that is less than its current market cap). I’m not sure, do we actually know the maket cap that properly reflects the assumed uses?
The hypotheis that there are plenty of uses for etherium is totally compatiable with the hypothesis that Etherium will say be worth 1⁄2 it’s price in a year from now.
In other words, even if Etheriumn has a practical use case, it might very well be that the system is actually worth 20 billion or something (that is less than its current market cap). I’m not sure, do we actually know the maket cap that properly reflects the assumed uses?