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Ethereum: A Store of Value with Cash Flow [pdf]

ethereumcashflow.com

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Re: Ethereum: A Store of Value with Cash Flow [pdf]

#141

Post by asjdflakjsdf »

nathias wrote: post #135
asjdflakjsdf wrote: post #79

Earlier quoted context omitted.

I'd basically see it as an investment opportunity that greatly favours early adopters.

I hope you then also count stocks, land ownership etc. as such.

to a degree but not so much. Land has real value. Stocks are different again. The idea that eth is considered more of a stock than a currency is the root of its problems imo. I have a real itch to one day see a crypto being widely adapted as an actual currency. I think dogecoin is the only one in our current crypto eco-system that has even a fraction of a chance in filling that space. I'm sure it will happen some day, but maybe not with our current crop of cryptos.

Re: Ethereum: A Store of Value with Cash Flow [pdf]

#143

Post by dmihal »

qertoip wrote: post #13

Ethereum is easy to change (hard forks often) and so cannot be expected to preserve any key characteristics like emission curve or even the permissionless nature. In fact, Ethereum's monetary policy did change in the past.

The protocol is still in the early stages of development.

The social contract is that the protocol & monetary policy will ossify after the transition to PoS & sharding is complete.

Re: Ethereum: A Store of Value with Cash Flow [pdf]

#145

Post by ArtTimeInvestor »

lottin wrote: post #139
ArtTimeInvestor wrote: post #129

Earlier quoted context omitted.

Not necessarily. Since the government can print the money they lend, they can dictate the risk premium. They can keep it as low as they want. Italy and some other European countries are basically broke. But they pay less interest than the USA.

The risk premium is the interest rate spread that investors demand. Not clear how the government can "dictate it" by printing money.

The government prints money and buys government bonds with it. And other assets. When you have infinite amounts of money, you can dictate the risk premium.

Re: Ethereum: A Store of Value with Cash Flow [pdf]

#146

Post by dmihal »

inter_netuser wrote: post #57
crispyporkbites wrote: post #46

Personally, I've moved all of my funds from other currencies into Ethereum. Not that I think it will make lots of money, but because Ethereum actually could have utility, and has a solution to the climate change impacts of Bitcoin. So really, if I'm going to hold any cryptocurrencies, that's where I want them

Proof of Stake just means those with the biggest money bags (stake sounds so much better than wealth) rule over you, explicitly. It is simply plutocracy, but with cute emojis.

And Proof of Work means those with access to cheap electricity rule over the network, which is why most mining happens in western China.

Re: Ethereum: A Store of Value with Cash Flow [pdf]

#147

Post by nathias »

asjdflakjsdf wrote: post #141
nathias wrote: post #135

Earlier quoted context omitted.

I hope you then also count stocks, land ownership etc. as such.

to a degree but not so much. Land has real value. Stocks are different again. The idea that eth is considered more of a stock than a currency is the root of its problems imo. I have a real itch to one day see a crypto being widely adapted as an actual currency. I think dogecoin is the only one in our current crypto eco-system that has even a fraction of a chance in filling that space. I'm sure it will happen some day…

Yea, ETH is more like a stock of the biggest crypto lab, its kind of the Apple of crypto (in the way it transferred innovation happening in a field under into its own garden). I think we will see a currency widely adopted, and its going to be BTC or BTC-based (fractional banking but with crypto).

Re: Ethereum: A Store of Value with Cash Flow [pdf]

#148

Post by dmihal »

asjdflakjsdf wrote: post #79
nathias wrote: post #74

Earlier quoted context omitted.

How do you define a pyramid scheme? Thing go up in value?

I'd basically see it as an investment opportunity that greatly favours early adopters.

Which investment opportunities don't favor early adopters?

Re: Ethereum: A Store of Value with Cash Flow [pdf]

#149

Post by dmihal »

m9731526 wrote: post #106
sherlock_h wrote: post #7

What mostly excites me about Ethereum ist the very vibrant ecosystem of developers and builders around it. You can think of NFTs and DeFi whatever you want, the sheer amount of new applications and innovative ideas on the ethereum blockchain has been mind-boggling. My personal favorite is Sorare, which combines NFT collectibles with fantasy soccer. And sure, right now everything suffers from high gas prices but it lo…

> very vibrant ecosystem of developers and builders Whenever I see someone say something like this for some blockchain, I wonder what exactly is exciting for them? Most dapps is about money and more money, I played with Ethereum before (like stress testing nodes), and would really like to know really innovating dapp these days -- I mean tech that solve existing real-world problems, not create new subjects to collect.

The most innovation is happening in financial products. There's no way for a developer or entrepreneur to experiment building in traditional finance without the support from large financial institutions. But in DeFi, there are financial applications built by teams in India, Africa, SE Asia, etc.

If you want an example of one innovation, look at flash loans. Flash loans provide the ability to atomicly borrow infinite money for the duration of a transaction, with no collateral or credit. This money can be used for arbitraging or just to provide working capital for a complex operation. If the loan isn't repaid by the end of the transaction, the whole transaction is cancelled.

Better explanation:

https://www.youtube.com/watch?v=mCJUhnXQ76s

Re: Ethereum: A Store of Value with Cash Flow [pdf]

#150

Post by jdmoreira »

tim333 wrote: post #123
dash2 wrote: post #65

Earlier quoted context omitted.

A question I've asked before: are there any applications which don't involve speculation?

Well - money laundering, drug dealing, ICO scams... On the positive side I think there's something like creating wealth through the power of imagination. I mean 20 years ago there were no crypto currencies. Now on paper they are worth $2trn ($260 a head for the world's population). And lots of people can feel wealthy because they have $100k in bitcoin of whatever. And it can retain actual value in the sense that you…

> Where does the value of fiat currency come from

From the taxman knocking at your door. They have prisons you know and some really well armed goons.

They also control the education system and pretty much everything else and are capable of stealing your children from you and send them to die in some far away shore.

They create all kinds of myths and bullshit and we take them for granted... like national identities and currencies.

Pretty powerful system.

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