Look, if you have a belief that Ethereum will power the digital economy, you should have no problem waiting until it does, and just use it within the digital economy. I use Venmo to buy random things from vendors at Art and Wine festivals , pay back some friends for dinner and (probably to crypto's envy) I pay for a legit therapist that I get rembursed from insurance (just not on venmo). Right now, I have $70 on my balance from people paying me back.
If I have a speculative belief that Venmo will rise above Cash.App, PayPal and crypto and end up powering the digital economy, even to the point that a major Blue Shield insurance company would send me reimbursements on it, should I be putting my savings into its balance? What should I value my money on Venmo? What utility would there be for holding ETH in that balance vs USD, besides sheer speculation that ETH would rise in value?
If I have a speculative belief that Venmo will rise above Cash.App, PayPal and crypto and end up powering the digital economy, even to the point that a major Blue Shield insurance company would send me reimbursements on it, should I be putting my savings into its balance? What should I value my money on Venmo? What utility would there be for holding ETH in that balance vs USD, besides sheer speculation that ETH would rise in value?