Why does there have to be large scale production use while it's in beta? Bitcoin's genesis block was mined in 2009, but it took years for it to come out of "beta" and see production adoption.

Ethereum adoption actually is already outpacing Bitcoin's adoption. Ethereum has only been live since July of this year, and already has seen adoption by numerous corporations (even if it's largely development projects at this point).

For example Microsoft Azure Blockchain as a Service runs Ethereum. https://azure.microsoft.com/en-us/blog/ethereum-blockchain-a...

And here's a large test run conducted with 11 Banks across the globe:

http://www.ibtimes.co.uk/r3-connects-11-banks-distributed-le...

> Bitcoin is used by millions of people a day now.

Tangible example please. Bit Coin transaction volume is about 200k/day, so how are these millions of people using it?

I think he means http://dapps.ethercasts.com/ Not sure if these are used for any serious use case yet.

Kind of ironic how much this argument was used against bitcoin back in the day...

Who would use a beta version of a crypto product in a production setting?

Here's a provably fair ponzi scheme [1] https://ethereumpyramid.com/