Do you think ethereum would be possible without its own currency(ether)?

Hi guys!

Ethereum sounds really cool: the contracts, the new scripting language... Do you think it would be possible to use a proof of stake in bitcoin approach to essentially make every bitcoin owner an ether owner directly. Maybe the mining incentive could then also be done through a proof of stake mining approach. I haven't thought this through completely, so I am curious of the opinion of the community on this.




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