- In the case of Ethereum, we are not talking about a virtual currency, like, for example, Bitcoin.
- Ethereum can be seen as a digital infrastructure that allows you to conclude contracts without a notary.
- Of course, in all likelihood this will become possible in the near future, while the use of Ethereum is still in the development stage.
- However, Ethereum has a value that is constantly rising. Currently, the exchange rate for one Ether (as of October 2017) is approximately 340 euros.
- At the same time, you have the opportunity to exchange Ethers for real money on the Internet and vice versa.
- However, you will not be able to pay with Ether on the Internet like Bitcoins. Ethereum serves more as a “digital notary” for contracts in the future.
Revolution in the world of cryptocurrencies: expert opinion
The law on cryptocurrencies in Russia may be adopted before the end of the year