News for hackers. Stuff that matters.
Re:Ethereum: A Store of Value with Cash Flow [pdf] by londons_explore on Wednesday April 21, 2021 @05:11AM (#26887079)
What scares me from Ethereum is the very vibrant ecosystem of developers and builders around it.

Look back at Ethereum's history and the vast vast majority of historical projects are dead. People who invested time or money into them have lost out.

What makes it different now?

Re:Ethereum: A Store of Value with Cash Flow [pdf] by mratsim on Wednesday April 21, 2021 @10:09AM (#26889911)
Time I'm investing in developing Ethereum led me to work on state of the art cryptography, acquire advanced peer-to-peer fault tolerant computing concept, exposed me to formal verification techniques, writing code expecting an hostile environment, thinking about economic incentives and game theory.

Social networks, banking and cloud companies would love to hire for those skills.

Also central banks now want to do CBDC (Central Bank Digital Currencies), so skills acquired as dev/builders are and will stay in very high demand for the foreseeable future.

Re:Ethereum: A Store of Value with Cash Flow [pdf] by kolinko on Wednesday April 21, 2021 @05:16AM (#26887124)
You could say the same about startups on general
Re:Ethereum: A Store of Value with Cash Flow [pdf] by CyberDildonics on Wednesday April 21, 2021 @04:54PM (#26895317)
Are there any decentralized companies on ethereum making a steady income for people who invested in them?
Re:Ethereum: A Store of Value with Cash Flow [pdf] by Sargos on Wednesday April 21, 2021 @04:57PM (#26895353)
Maker, YFI, Aave just to name a few. https://cryptofees.info/ lists the real cash flows of protocols.
Re:Ethereum: A Store of Value with Cash Flow [pdf] by samsepia on Wednesday April 21, 2021 @12:12PM (#26891563)
I'd say that is a positive aspect. It means a lot of things are being tested. Most fail but at some point they might create something awesome that sticks.
Re:Ethereum: A Store of Value with Cash Flow [pdf] by inter_netuser on Wednesday April 21, 2021 @05:12AM (#26887089)
ICOs? or smart contracts broken by never-ending hardforks?
Re:Ethereum: A Store of Value with Cash Flow [pdf] by londons_explore on Wednesday April 21, 2021 @05:14AM (#26887105)
Both