seems to me like you already have all the answers and made up your mind and to be honest i find it a little strange that you are "asking question" but then make statements about ethereym.
Why would you say Ethereum is centralized ? Isn't it the same like Bitcoins, once you have ethers in your wallet you can send them to whoever you want ?
it is centralized because nothing is done based on consensus and what all the network agree upon. we saw the hard fork already. majority of the hashrate and nodes were against it but they did it anyways and it left it with ETC.
being centralized means that.
Is the ethereum supply capped to a maximum like bitcoin ? Or is it they just "mine" as much as they want.
no it is not capped. there actually is no maxim to it yet. and there is about 5x-5.5x more supply than bitcoin has and it is growing fast.
on top of that 70 million (about 75%) of that supply is in the hands of foundation and owners of this coin.
From what I understand the Ether is supposed to be "fuel" like but is being traded at the moment like currency. I guess no harm in that.
ethereum has always been supposed to be a pump and dump coin. that is why the code is this bad and full of bugs.
Since Microsoft etc have joined it, seems like it is here to stay, given its API innovation over Bitcoin.
you have been misinformed my friend. Microsoft has no relation with Ethereum.
Microsoft has a platform called Azure that you can add practically any random altcoin to it and no surprise, there are many altcoins there. that is as much involvement Microsoft has with ethereum.
I agree. The coin supply is not even decided yet. ... Bitcoin started that way as well. ...Ethereum's supply... will be 80 - 120 million in the next 2 - 3 years.
again you have been misinformed. Bitcoin has a clear cap at 21 million from day 1. and ethereum has been evasive about the cap from day 1.
and it is already about 90 million coins last time i checked and in 2-3 years there will be at least 300 million or more.
This is where Ether is different than Bitcoin and the main reason I have doubts about Ethereum . They can print when they want therefore the value/price of Ethereum will be pushed down by this.
having 90+ million coins is enough to kill the price and it is being created more every day.
the main problem however is not that, it is the fact that most of the coins are in control of a few as i said above.
I too agree that despite all this, there is most likely money to be made in the process.
there is always money to be made as long as there is a name and an exchange to trade that name on it and it is being pump and dumped. eth is not the first and wont be the last.