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Ethereum is a technology that's home to digital money, global payments, and applications. The community has built a booming digital economy,
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"I don't understand" should be seen as code for 'stay away' . . .
What is Money? A medium of exchange by which, say, groceries, can be purchased or ones production can be sold. Money must be portable in order to fulfill the function.
'Money' must also have value. 'Fiat currency' has no 'value' backing it - except for the faith of the users and trust in the issuers.
What is the 'Value' behind Etherium?
Can I use it to buy groceries at the Kroger? (I really don't think so.)
Do I want to be paid in Etherium - when it is not readily convertible into something I can use to buy groceries?
Etherium smells to me like it is more a vehicle for speculators to separate fools from their money than a medium of exchange for good or services.
Of course, I have similar feelings for gold . . . .
But what do I know?
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