CFTC Chairman Tarbert is Impressed by Ethereum, “Period”

Ethereum has faced a strong drop since the August highs of $490. The coin currently trades for $375, far below the aforementioned highs. The cryptocurrency remains in a fundamentally strong position, though, analysts say. So much so that the chairman of the U.S. Commodities and Futures Trading Commission (CFTC) threw his weight behind Ethereum. In a talk, he said that he has genuinely been impressed by the protocol. He added that if Bitcoin is email, Ethereum is the Internet. His comment created some controversy online as some Bitcoin maximalists thought it was foolish of him to take that position. CFTC Chairman Announces Support for Ethereum Ethereum has faced much criticism over recent months as the network has faced severe congestion issues. The cynics say that the network will never succeed due to delays in the launches of Ethereum scaling technologies. But the proponents of the protocol are not fazed. Heath…

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