Great perspective as I myself have been struggling to find reasons to hold Ether as the ICO market has quickly dried up. However, given the innovative process of raising capital given by the network, I still think it can continue to support ICOs as Security tokens which still have great potential given the evergrowing demand for raise capital by startups and even existing businesses. I had not considered staking but given current prices, it could be an attractive investment thesis for sure if it is only 32 ETH needed (I thought it was more but may be confused when I heard of this when it was at $1,000 per ETH). However, the largest risk continues to be its lack of scaling as high fees may become a burden for the second part of your argument. It seems that it will be a “chicken or the egg first” from here forward. Thanks for sharing!
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Thanks @newageinv, here's the tweet from Vitalik about 32 ETH staking
1,500 ETH staking was considered as an interim solution (Casper FFG) before POS (Casper) rolls out but apparently Casper FFG has been scrapped.
As for scaling, I think Ethereum will scale sometimes in the next 2 years which is fine since dapps aren't likely to go mainstream anytime soon. More than speed I think Ethereum needs to focus on security and features... but especially security.
Thanks for the information! That is why I remember it being more expensive (at 1,500 ETH)! 32 ETH is more reasonable and could help decentralize the network.
Yeah most definitely :)