Is Ethereum a good investment?Robert
A new era of computer programming, digital ownership, and other innovations are being introduced thanks to the smart contract capabilities of Ethereum.
You understand -- Ethereum is the future. But is Ethereum a good investment only because it innovates? Not necessarily.
So here they are, the reasons why Ethereum is a good investment for the future.
5 Reasons Why Ethereum Is a Good Investment
#1 Ethereum could be a world computer
The reason Ethereum gained such massive popularity and almost flipped places with Bitcoin in June 2017 is due to its ability to run smart contracts.
Ethereum is poised to usher in a new era of applications -- decentralized applications (dApps). These dApps could run and secure code that will help businesses perform better around the world. These dApps will run on Ethereum -- so it’s not too late to buy Ethereum and participate.
Take, as an example, assets: homes, artwork, luxury cars, etc. Ethereum’s smart contracts can secure ownership of these items. Foreign investors and people around the world won’t need to run through the bureaucracy of foreign nations system in order to own a home or artwork in another country. They can use a smart contract built on Ethereum. And they can pay with Ethereum too.
Visit here to exchange bitcoin to paypal
#2 Ethereum will give us Tokenization
The World Economic Forum (WEF), in their surveys and research, projected that “up to 10% of the global Gross Domestic Product (GDP) will be stored and transacted with the help of blockchain technology by 2025–27.”
Keep in mind what they are saying: each country worldwide will use blockchain technology up to 10% of its GDP.
#3 Ethereum can run uncensorable apps
Censorship is a real issue in the modern world.
Facebook, Twitter, Youtube, Instagram, all of these companies reserve the right to delete, modify, or hide content. They often do.
Sometimes from specific countries upon receiving a request from a government official; sometimes from a company; sometimes even from their own management.
Perhaps you’re not worried about censorship. It’s a problem for other people, right?
#4 Ethereum is a host for innovation.
Ethereum lost 84% of its price value after the so-called 2017 ‘crypto bubble popped’ -- but Ethereum did not die. Just like the internet -- which didn’t die after the 90’s ‘internet bubble’ --, Ethereum has gained strength and momentum.
Fascinating new projects are being built on Ethereum: microgrids, charging stations for electric vehicles, crypto-collectibles, home mortgages, health care records, and many more.
As an example, there exists a project called the Brooklyn microgrid. They’ve finished a three-month trial run of P2P energy trading between community members -- using Ethereum.
#5 Diversification. Bitcoin isn’t everything.
Ethereum’s technology and purpose are different than Bitcoin.
We know why Bitcoin is a good investment -- but why is Ethereum a good investment?
Bitcoin was initially meant to be a cryptocurrency -- emphasis on ‘currency.’ Ethereum is different and is intended to be a platform for smart contracts.
With Bitcoin, you can store value and pay for things. With Ethereum, you can program smart contracts, tokenize assets, and more.
Both can succeed. That’s why we diversify.