When I got into bitcoin in 2011, it had a market cap of $20 million, and already had several killer apps:
- Making darknet drug markets possible
- Allowed permissionless, highly convenient storage of wealth
- Allowed large, rapid, low friction money transfers anywhere in the world
Now, in 2017, Ethereum has a market cap of 8 billion, yet I can't find a single use case for this technology other than enabling other scammy ponzi-like coin offerings.
- Making darknet drug markets possible
- Allowed permissionless, highly convenient storage of wealth
- Allowed large, rapid, low friction money transfers anywhere in the world
Now, in 2017, Ethereum has a market cap of 8 billion, yet I can't find a single use case for this technology other than enabling other scammy ponzi-like coin offerings.