Its like the r/investing reddit since 2011 - twice a week someone asks "should I invest in bitcoin/ethereum?" and the knowledgeable investors like clockwork say "no, its not an investment". Meanwhile, everyone who did is up 10,000%-100,000%, while the average r/investing poster is happy to make 2% above the S&P500 return. Many things are sort of a bubble or ponzi, the people who really make truckloads of money are either very lucky, very stupid, or mentally ill in some way.. This goes for property markets - where the spoils go to the people who con the banks for as much credit as possible and buy house after house in a manic way, or in business eg. uber, where someone with a god complex raises some ridiculous amount of money and just expands as fast as they possibly can.
I think the biggest hurdle is size of the blockchain. I tried downloading the entire blockchain and it got stuck... like downloading one block every 10 seconds, when the blockchain is roughly growing by this size. Found out I had to run geth --fast which donwloads only the headers for the blocks.
I'm just wondering how the average user or investor who is not a programmer is going to get the blockchain and backup their coins properly. Likely most people will keep their ethers on an exchange which is not secure.
Anyway, it might still be upcoming, but just becomes something is on the roadmap doesn't necessarily make it vaporware.
ex:
* Brendan Eich's Brave Browser & Ad/Tracker blocking bypass token for publishers - https://brave.com/publishers.html
* Toyota's blockchain project - https://techcrunch.com/2017/05/22/toyota-pushes-into-blockch...
* Circle launched international money transfer via Ethereum - http://www.cnbc.com/2017/06/15/circle-launches-an-internatio...
* And all these guys working to leverage it - https://entethalliance.org/members/
I would wager that in the shorter term most end users will not be interacting directly with the blockchain, and that said kind of interaction is not where the more immediate value lies. It will build out in time, and more reliable sources will emerge for people to interact with the network financially. It's the writing that I see on the wall, anyway.
My biggest disagreement is with the article's look at Melonport. While I wouldn't recommend buying any token right now, including Melonport's, this is one of the most impressive projects I've come across. In my opinion, it's years ahead of its time. I do not own any MLN and it's way too early to say if Melonport will be financially successful, but I think the analysis done on it is extremely shallow.
