Why Ethereum Scares Me...

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·@robhardw·
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Why Ethereum Scares Me...
First of all, let me make it clear... I HOLD ETHEREUM!

Recently things have been great, but, things never remain great for forever...

Can Ethereum really just continue to gain dominance and usurp established norms of business practice and established institutions without any backlash or crackdown from government bodies? With all the new ICO's piggy backing on this blockchain, Ethereum has effectively become the a trading platform or value discovery vehicle... a role previously dominated by stock exchanges and big banks and financial institutions. Although the crypto market cap is approaching $100 Billion, it is relatively small compared to the conventional stock and bond markets... However, if things continue to scale at this torrid pace, it is only a matter of time where legacy institutions start seeing the competition and demand a leveling of the playing field.

Ethereum is different from Bitcoin... although decentralized there is no central authority in Bitcoin that governments could attack. With Ethereum, however, there is Vitalik, and, certainly his life can be made difficult to gain compliance.

If any such rumblings begin to come about, watch out! Things could get bumpy...

I'm long Ethereum. As mentioned, I hold it in my portfolio. I am not an active trader and hope to keep for many years. However, I know that once anything becomes too powerful and challenges the status quo, there are always attempts by the central authorities to establish limits and boundaries. I have my eyes and ears open to that. Please let me know if I'm worrying about nothing...

Thanks

![eth.JPG](https://steemitimages.com/DQmVBmsaYz4zW8Mizr9NX131mvmu86Go3vAK9GyDZkP8ngP/eth.JPG)
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