Subnostr

That's what I mean, smart contracts I get - cool. But why buy the token, it isn't helping the tech directly or solving any real world problems? or I'm I just being ignorant here. I only hear speculation of the price going up thus why someone should put their hard earned money in it.

Sourcenode 10mo ago

Same conclusion. Still waiting for someone to explain a real world use case for ETH that doesn't involve supporting the fiat system.

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Discussion

₿ujuX 10mo ago

Yup. Just seems like another way to gamble and speculate all while paying a fee along the way.

₿lockchainYog丰 10mo ago

Yea the technology is useful but the token is gambling on your money.

Globe99 10mo ago

Smart contacts? Automatic and immutable resolution of things like assurance contracts, prediction markets, insurance, etc...

Garrettstr 🌸 10mo ago

I’ve heard “smart contracts” thrown around so much that it’s become a buzz word. Who is actually using smart contracts, and what are they? lol

“…yeah, smart contracts man…like when your money is in escrow…don’t you get it? It’s just smart man…” 😂

Sourcenode 10mo ago

Exactly. I usually say, if they are useful (I have yet to see a good use case) I wouldn't trust them on a shit blockchain.

They also need some kind of oracle to confirm completion of the contract (unless it's a simple time lock). Those time locks already exist on bitcoin as far as I know...