/biz/ - Business & Finance

>>10162121

I posted on phone. If you aren't tech minded then it wont make sense to you.

TCP/IP is the internet infrastructure. its ancient and shit. When it was created by a group of super autists they had no idea how to transform it into something useful. luckily for them, this became possible and the internet as we know it today is here and masses of wealth was generated.

The problem with smart contracts and any crypto other than BTC, XMR, or XRP, is that although the super autists are working on this infrastructure, they are waiting for someone else to bridge it to the world and make it useful. which is impossible sadly for crypto unlike the early internet. Bringing off chain data into smart contracts is a chain that cannot be forged into the eco system to make them truly turing complete, and make smart contracts truly smart. Its a meme.
Thats why no daaps exist other than eth pyramids and a DEX or two. smart contracts as they are can only work in their own eco system. like a computer without the internet. computers without the internet are marginally useful. electronic book keeping. save some costs wow. big deal. same with smart contracts as they are.

not till the computer gets online is e-commerce possible and trillions of dollars opportunities real and possible instantly.
right now smart contracts cannot be connected to off chain data. and wont be. because to do so requires centralized point of authority. which means smart contracts are pointless.

>>10162002

great post, exactly my thoughts. i will continue to invest in BTC as it crashes down to 3k, along with XMR and XRP for my moon shot. nothing else is worth it. all memes.