Is Ethereum Getting Ready For Mass Adoption?
no because there is no usage for ethereum so far. and all that this article is arguing about is its price rise AKA ethereum's pump and that has nothing to do with adoption.
The massive jump of Ether price in the past few months has caught the attention of lots of investors. However, many of them are still questioning whether this cryptocurrency is viable for being adopted by the crowd.
actually most people who hear about altcoins see the altcoin market in general and with a quick comparisson they can see that ethereum's pump was not even the biggest one!
price-wise there are other altcoins that have higher price than ethereum!
volume-wise there are other altcoins that had higher volume than ethereum if you exclude all the eth contract volume and only consider ETH/BTC and ETH/fiat (usd, eur,..)
percentage-wise ethereum doesn't even come close to the top 20 rises
Some common arguments are that Ethereum can currently process around 20 transactions per second, while Visa is capable of handling over 24,000. Another argument can be that it is challenging for somebody with little technical experience to set up an Ether wallet.
first of all, no it can not. we have seen recently that how the whole network failed for weeks! which shows ethereum has a very serious scaling issue.
secondly ether is not even a currency. it never was supposed to be a currency and only the pumpers and shills compare it with currencies to pump the coin.
These are all valid logical reasonings.
where?!!!
ahh the monkeys of cointelegraph hard at work.