/biz/ - Business & Finance

>>2787037
Whitepaper is garbage for most people and most coins for two reasons:

a) They usually include roadmaps and a lot of coins put vaporware features that they KNOW they'll never be able to implement properly or timely.

b) The majority of people won't have a fucking clue what they read because most whitepapers are very technical, so it won't make sense to them anyway.

This leads to people using "read the whitepaper" as an excuse to shill a coin when they can't actually refute an argument for/against it. It ends up creating an "emperor has no clothes" scenario and I think it's stupid. If the average person cannot understand a coin by actually using it, it has no real value to them. ETH has value because BUSINESSES, especially financial ones and technology based ones, can understand and run things on them. ARK is not meant to do that, it is meant to cater to normies.

It already does that pretty well, unlike other coins, which is why it has any value AT ALL right now. Smartbridge is a bonus that will moon the coin if ("(((when)))") it comes out.

>>2787058
> I thought Ark would be something like a "shapeshift" currency that would be able to be transformed directly into compatible blockchains

This is kind of close. It doesn't have to do something like connect to coinbase, that guy is wrong about that AFAIK.