To me ETH's model is like oil, you need to purchase it to use their computational power of the network, the more complex the transaction and fast the more oil/gas you use. I think since it was the first token tool, it has first mover advantage and ALOT of assets are built on top of it.
I think it will always be around but BTC will gobble up most of the alts that don't have a unique solution. Lightning will kill any speed focused coins, RGB network will bring tokenisation to Bitcoin (which we already see running on BCH) so why would I care about having all these wallets if my BTC wallet for example can hold USDT and other tokens.
Yes the other chains will help with throughput, but I don't see anyone beating BTC
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Totally agree. Until there is a way for tokenholders to extract value from the tokens they hold, I don't know how you can call owning any of these things anything other than speculation. I DO believe that someone will invent a measuring stick at some point. I also think there will continue to be a focus for new tokens to provide an answer to that question. But, when you're talking about coins/tokens that continue to inflate their supply, there's always going to be a negative drain on value through dilution. There needs to be enough to circulate and get them into a lot of different hands (although with fractional amounts that is not necessarily true either) but at a certain point I think there needs to be a cap.
Still a long way to go before there's any real maturization of these markets. A long way.
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