People are actually using Ethereum to do transactions. Measurable utility unless you think it's all bots. Scaling is also being solved on Ethereum. ICOs launch on Ethereum if you didn't remember. iExec is on Ethereum and V2 comes out this month. Decentralized exchanges exist on Ethereum as well.
Ethereum doesn't have to offer more utility than Steem; it just has to offer more utility than Bitcoin. In my opinion Ethereum is more useful right now than Bitcoin. I don't see why Bitcoin is useful for anything really other than to collect and hold. Bitcoin can't even do cryptokitties so even if that were the only thing Ethereum can do it i still more than Bitcoin does.
I never argue for the sake of argument, but your statements call for 'precisions'.: [1] transactions = so do they with BTC, where is the novelty? just a copy/paste of BTC advertised as something else. [2] measurable utility, yes - money do have HUGE utility, higher than the utility of each and every separate object 'money can buy'. Backed by the aggregate of everything what's 'for sale'. But what it does more than the original / BTC? or does other way? where is the trans-Satoshi-ness of Eth? Inexistent. And is Eth registered as MSB? :) [3] Scaling solved?? How? It is NOT. [4] ICOs are 99.9% shitcoin storm. Eth does sales of ether to feed ICOs but what sales the ICO orgs do of anything but ... tokens. Where is the utility? What use - and clearest symptom of utility / use is ... sales. Ppl parting with value to get value. Decentralized exchanges do not exist, because nobody ( but the LN guys ) have ever proposed even a hint of how the simultaneity and irreversibility of txs to be done. Even theoretically. [5] ICOs more utility than BTC? I'm checking now the tech comparison between ERC20 tokenage and the Omni tokenomic solution ... up to now I see ERC20 as only MARKETING advantage, i.e. more focused business of certain people but ZERO fundamental tech difference or advantage ... again you have comm layer - tokens over protocol layer - blockchain. And BTC blockchain is less guided, possessed and is more ... spontaneous. It does not have a firm - you notice? [6] collect and hold is a big deal. Imagine you get 0.5 BTC salary each month. Your buying power increases or decreases? Holding has only one purpose - to spend more then than you can now. BTC hodling replenishes value. Once we estimated with you the 'escape velocity' of hypothetical amount of BTC - i.e. a stash which dollar value will never exhaust. It is not just hodling coin it is terrific spending coin too. [7] Can't cryptokitties? c'mon! It was years ago when I was playing with the idea of non-fungible tokens and I can tell you that it is absolutely and easily doable on Omni. And no, it won't choke the BTC network :) -- still the >1 yr challenge you to demonstrate to me Eth does more or differeny than BTC is on. Question not closed.
People are actually using Ethereum to do transactions. Measurable utility unless you think it's all bots. Scaling is also being solved on Ethereum. ICOs launch on Ethereum if you didn't remember. iExec is on Ethereum and V2 comes out this month. Decentralized exchanges exist on Ethereum as well.
Ethereum doesn't have to offer more utility than Steem; it just has to offer more utility than Bitcoin. In my opinion Ethereum is more useful right now than Bitcoin. I don't see why Bitcoin is useful for anything really other than to collect and hold. Bitcoin can't even do cryptokitties so even if that were the only thing Ethereum can do it i still more than Bitcoin does.
I never argue for the sake of argument, but your statements call for 'precisions'.: [1] transactions = so do they with BTC, where is the novelty? just a copy/paste of BTC advertised as something else. [2] measurable utility, yes - money do have HUGE utility, higher than the utility of each and every separate object 'money can buy'. Backed by the aggregate of everything what's 'for sale'. But what it does more than the original / BTC? or does other way? where is the trans-Satoshi-ness of Eth? Inexistent. And is Eth registered as MSB? :) [3] Scaling solved?? How? It is NOT. [4] ICOs are 99.9% shitcoin storm. Eth does sales of ether to feed ICOs but what sales the ICO orgs do of anything but ... tokens. Where is the utility? What use - and clearest symptom of utility / use is ... sales. Ppl parting with value to get value. Decentralized exchanges do not exist, because nobody ( but the LN guys ) have ever proposed even a hint of how the simultaneity and irreversibility of txs to be done. Even theoretically. [5] ICOs more utility than BTC? I'm checking now the tech comparison between ERC20 tokenage and the Omni tokenomic solution ... up to now I see ERC20 as only MARKETING advantage, i.e. more focused business of certain people but ZERO fundamental tech difference or advantage ... again you have comm layer - tokens over protocol layer - blockchain. And BTC blockchain is less guided, possessed and is more ... spontaneous. It does not have a firm - you notice? [6] collect and hold is a big deal. Imagine you get 0.5 BTC salary each month. Your buying power increases or decreases? Holding has only one purpose - to spend more then than you can now. BTC hodling replenishes value. Once we estimated with you the 'escape velocity' of hypothetical amount of BTC - i.e. a stash which dollar value will never exhaust. It is not just hodling coin it is terrific spending coin too. [7] Can't cryptokitties? c'mon! It was years ago when I was playing with the idea of non-fungible tokens and I can tell you that it is absolutely and easily doable on Omni. And no, it won't choke the BTC network :) -- still the >1 yr challenge you to demonstrate to me Eth does more or differeny than BTC is on. Question not closed.