ETH AS A BIG WINNER ?

Ethereum has the potential for “limitless demand” because of one special ability. The ability to create smart contracts. What is a “smart contract”? 

Smart contracts are computer protocols intended to verify or enforce the performance of a contract all by themselves. You can think of them as an “automated vending machine” for contracts. Typically, if you want a contract today, you go to a lawyer or a notary, pay them and wait while you get the document. With smart contracts, you simply drop an Ethereum into the “vending machine” and out pops a contract. But the best part is, not only do smart contracts define the rules and penalties around an agreement in the same way that a traditional contract does, but it is designed to automatically enforce those obligations .

Ethereum has this “smart contract” capability built into its computer code. How many lawyers are on the planet right now? In the U.S. alone, there are more than 1 million of them. How many of us enjoy dealing with lawyers? If you could avoid dealing with a lawyer, would you? Based on that alone, there could be limitless demand for Ethereum in the very near future. 

You have some cryptocurrencies that solve some problems, but not all the problems. For example, Bitcoin solves many of the problems. But it didn't solve some of the problems on anonymity. So Zcash kept the core philosophy, but solves the anonymous problem. On the other hand, Zcash doesn’t have even close to the user base of Bitcoin. That’s why buying only one of these cryptocurrencies could be a mistake. You want a small portfolio of them. Remember most important rule in investing or trading : DO NOT PUT ALL YOUR EGGS IN ONE BASKET.

We get paid in dollar or euro (fiat currencies) bills that we put in our bank. That value could disappear. All the work that you doing for your kids, for your healthcare when you get older, all that could go away and we have no choice in the matter, but there are many reasons to trust that cryptocurrency will be a store of value.

Back in the 1990s, stupid levels of money being made from the internet and dot-coms. It was the Wild West. All the wealth we’ve seen generated the last 20 years started in this time period, from Apple to Google to Amazon. Jeff Bezos survived the Wild West to become the richest man in the world.

Right now, in cryptos, it’s the Wild West again. This isn’t an opportunity where you want to wait 2 years to “see how it plays out.” By then, the biggest opportunity will be gone. With money, we can talk about how it went from barter and gold coins, to paper money based on banks and governments, to money based on knowledge and information. 

Because of limitless demand, you will see these cryptocurrencies everywhere. They will power every transaction and investment you make in the very near future. At the same time, because of limited supply, the most lucrative currencies will be “off limits” for 99% of the planet, simply because they will cost so much. Think of getting early shares in Berkshire Hathaway. Today Berkshire Hathaway is technically available to everyone. But only a small fraction of the public really owns them right now, because of their massive valuations. This is your chance to be on the ground floor of the biggest shift in money since the invention of banking.

Source : venture capitalist