Want a real unpopular opinion? ADA is over-hyped

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Want a real unpopular opinion? ADA is over-hyped

I strongly believe ADA is over-hyped. Over the many years there were many "Ethereum-killers" that came out from NEO to EOS to Tezos. Each time people were saying the same things like "Yes, now this is definitely the one that will replace Ethereum and I haven't missed the boat on it" and guess what they never did. This is the boat I believe ADA is in. It isn't all just about the tech. Smart contracts are currently not as big in the world to the point where superior tech makes that big of a difference (hence why all the other "Ethereum killers failed" even with better tech). Ethereum has such a huge network effect as well as first-mover advantage where I can't see it getting flipped any time soon, especially with EIP 1559 coming out in July and ETH 2.0 being fully released (within a year?). At this point, most people/whales that are buying ETH are not in it for the tech but for what it is – the second most valued crypto (and generally more stable than the altcoins). Do I see ADA raising in value in the short-term or mid-term? Probably (assuming they deliver on what they say). Do I see it ever competing with ETH in the long term? Definitely not. Let the downvotes and hate comments commence, but hey you guys wanted a real unpopular opinion lol.

submitted by /u/mybed54
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