Replying to Avatar Nice and Kind Vic

Overwelmingly the smart contracts for ethereum are for automating settlements for bets, financialized flash loans, etc amongst the tokens issued in that network. Its not really solving a societal problem. Staking is an attempt at producing ongoing yield without effort. Its just recreating existing problems in tradfi. So i guess the real world problem is being able to bet against someone on the opposite side of the world, share a trusted real world oracle, and use the contract for enforcement in settling value.

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â‚¿ujuX 1y ago

Ahh I see

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