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<blockquote data-quote="JayJuanGee" data-source="post: 1363101" data-attributes="member: 5330">Do you guys take stakes in those various projects that attempt to compete with ethereum on the base layer, whether Cosmos or Polkadot or some other purported ethereum killers?Surely, over the years, I have criticized ethereum quite considerably for being smoke and mirrors, vapourware and overstating of its capabilities, and even though I have continued to lack confidence in the various technical aspects of ethereum, we cannot doubt that considerable network effects have been built around ethereum over the past 5-6 years, including the ability of individuals to be able to sidetrack traditional investment channels and traditional investment requirements in order to be able to invest directly into projects (sometimes also referred to as the ability of a scam project to facilitate further scams at the retail level) - and there has been decent demand for those kinds of abilities for regular joes to be directly invest (or gamble) in projects of their choosing.But surely there have been quite a few competitor products that have proclaimed themselves as ethereum killers, and I suppose that guys can have confidence in those ethereum killer products and to invest part of their investment (gambling) portfolio into such ethereum killers out of anticipation that one or more of those projects might start to take market share from ethereum (but is it going to happen in reality, and is it worth injecting some personal investment portfolio value into those kinds of purported &quot;ethereum killer&quot; products?)</blockquote>

[QUOTE="JayJuanGee, post: 1363101, member: 5330"] Do you guys take stakes in those various projects that attempt to compete with ethereum on the base layer, whether Cosmos or Polkadot or some other purported ethereum killers? Surely, over the years, I have criticized ethereum quite considerably for being smoke and mirrors, vapourware and overstating of its capabilities, and even though I have continued to lack confidence in the various technical aspects of ethereum, we cannot doubt that considerable network effects have been built around ethereum over the past 5-6 years, including the ability of individuals to be able to sidetrack traditional investment channels and traditional investment requirements in order to be able to invest directly into projects (sometimes also referred to as the ability of a scam project to facilitate further scams at the retail level) - and there has been decent demand for those kinds of abilities for regular joes to be directly invest (or gamble) in projects of their choosing. But surely there have been quite a few competitor products that have proclaimed themselves as ethereum killers, and I suppose that guys can have confidence in those ethereum killer products and to invest part of their investment (gambling) portfolio into such ethereum killers out of anticipation that one or more of those projects might start to take market share from ethereum (but is it going to happen in reality, and is it worth injecting some personal investment portfolio value into those kinds of purported "ethereum killer" products?) [/QUOTE]

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