The fact that so many ICO's lean heavily on ETH and the other way around ETH is mostly bought now just to invest in those...thats a dangerous combination and ive never like this thought. Just like the flash crash a couple of weeks ago supposedly caused by a typo...just goes to show how vulnerable its market is. Ico companies owning millions of dollars in ETH doesnt seem very decentralized to me
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Good points. Also let's remember ethereum is backed by the Enterprise Ethereum Alliance (EEA) which includes companies and banks like JPMorgan, Microsoft and Intel. These types are anti-decentralized. They are all about control.
Yes thats exactly why I have nothing invested in ETH at all, I do have some ETC though