Pros:

1. Smart Contracts: Ethereum isn’t just money—it powers decentralized apps (dApps), games, DeFi, NFTs, and more.

2. Ecosystem: Largest ecosystem of developers and projects in the crypto world.

3. ETH 2.0 / Proof-of-Stake: Uses much less energy now than Bitcoin.

4. Scalability Upgrades: New layer 2 solutions (like Arbitrum, Optimism) make it faster and cheaper to use.

5. Token Economy: Most other crypto tokens are built on Ethereum (via ERC-20, etc.).

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Cons:

1. High Gas Fees: Mainnet fees can spike badly during peak usage.

2. Complexity: It’s not just currency—its technology is harder for average users to understand.

3. Regulatory Risk: May be considered a “security” in some countries.

4. Still Evolving: ETH is undergoing constant upgrades—some parts are experimental.

5. Competition: Blockchains like Solana, Avalanche, and Cardano aim to beat Ethereum with faster speeds and lower costs.

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My Take:

Ethereum is like the infrastructure of Web3—not just money, but a platform. It has massive long-term potential but still faces scalability and competition risks. ETH is a solid crypto asset, especially if you believe in decentralized tech.