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Ethereum

Ethereum is a cryptoasset that extends the bitcoin model to allow the execution of smart contracts.

Properties

Ethereum is not a currency.

Ethereum is a speculative investment.

Ethereum is deflationary.

Ethereum is a bearer instrument.

Ethereum has no fundamental value.

Ethereum has no use value.

Ethereum has no income-cashflows.

Ethereum has a present-value of zero.

Ethereum has a terminal-value of zero.

Ethereum is a greater-fool theory asset.

Ethereum is a non-productive investment.

Ethereum has a negative expected return.

Ethereum is a security.

Ethereum is based on the consensus algorithm known as Proof of Work mining.