Im hearing what you are saying… The problem is what you are saying logically contradicts itself.
Im hearing what you are saying… The problem is what you are saying logically contradicts itself.
So, they make nothing, and really serve no purpose but to insulate grifters from risk?
You’re not making a good case here…
Smart contracts are designed, programmed and, if they’re done right, rigorously audited for correctness.
What do these “smart contracts” make? And why do we need to burn up tons of fossil fuels, just to have contracts like we had before?
And how is this better than a typical contract?
Bitcoin was relatively simple, Ethereum is not.
Both are simple ponzi schemes.
They’ve spent years crafting these systems to function for PoS, L2 support, sharding, rollups, etc., at scale.
And all that time, they are still ponzi schemes that do none of the above very well. We’ve had all of that in the merchant payment systems for decades now, all without the need to consume more electricity than many small nations, just to approve a transaction.
There is no utility really, for ponzicoins. You can’t make anything from it. You can use it to make anything. You can’t eat it. You can’t hydrate with it. And you can’t use the notes to summon military aid.
I suppose you can buy drugs with it. Maybe.
So yes, it’s a Greatest Fool game.
Now’s a time to buy.
Never is it a good time to invest in a ponzi scheme. It’s just a matter of playing “Greatest Fool”.
I think that was mainly due to the concern of hostile actors committing code to the kernel.
Word won’t install on machine.
LibreOffice does, though.