“Counterparty Community Director: Ethereum Can’t Work, it’s 100% Hype” – NewsBTC | $11.53

“Ethereum cant work,” explains DeRose. Be wary about endorsing this project, its 100% hype, with no substance. “No one needs smart contracts. And the overhead needed to support this chain will require a *lot* of need. I’ve spent a lot of time studying them. Do you want to give me a case when people need smart contracts? They are not cheap. They are enormously expensive. And there’s no counterparty risk in these applications thus far.”

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