The thing that leaves me a little bit baffled is why so many people think that Ethereum is "the bee's knees" when that chain tends to buckle under the weight of any kind of large-scale enthusiasm... and the GAS fees so readily become ridiculously high... even compared to conventional fiat banking fees...
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It got the name recognition which put it out in the lead. This is being leveraged by the developers on there. For now, that is where the money is so everything focuses upon that.
But you are right, from a technical standpoint, much better options out there.
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Exactly the same with bitcoin though isn't it. Its all about branding ultimately and being a first mover, its very powerful.