I do welcome CryptoCurrencies, of course those that deserves that name. But running a Bank (Database, Centralized) and calling it CC (BlockChain, DeCentralised) is kinda scam!
uhmm, Ethereum may have many security/design flaws and a loose crypto ideology, but it does not mean it is just an ordinary database. If it meets the technical standards for a decentralized cryptocurrency, it is a cryptocurrency. Most alternate arguments are usually driven by hate/competitive sentiments, not facts.
Even bitcoin despite the coming success of the HardFork, some major pool miners are already splitting to form BitcoinCash. Bitcoin is the DB but for just cryptocurrency.
Donāt mind me for bring this meme cause I find your assertion funny. No offence intended. 
I think you are wrong classifying Ethereum as JUST a DB. Bro, it is beyond that cos it main feature is running smart contracts and the cryptocurrency that powers the system is ether. No doubt there are issues that need to be resolved in order for it to scale to millions of users. As the tech grows, itās support will also grow.
True, I have been following. The Ethereum Protocol Layer is safe, where there are issues are on the Application layer. Do more search and you will see that most of the security issues are from applications created by developers; TheDAO, Parity multi-sig, etc Despite this issues, the Ethereum Alliance is still increasing with Indian Government, Mastercard, Cisco as latest member.
By the way guys @justcharz @Chikere wrote an article about bitcoin if you fancy a read. Feedback welcome!