/biz/ - Business & Finance

OK - I am a general crypto skeptic

However - ETH has real potential

The reason is the blockchain method for smart contracts.

I view smart contracts now as similar to email in 1992. In 1992, we all knew someone who used email, btu most people were like "why dont you just call them on your cool wireless land line phone or from your huge bag phone?"

Of course by 2000, most everyone was using email and by 2005, it was impossible to do business without email.

I think smart contracts are like that. Now, its just like "huh? cool, I guess, but why woudl we do things differently thatn we have for decades?"

In 5 years, smart contracts will be commonplace, but not ubiquitous. 10-15 years, it will be normal business procedure.

SO - the key is this for ETH value:
1: How do we ensure that it is the default smart contract gas and that someone else doesnt come in with a smoother riding competitor?
2: How do we accelerate the acceptance curve?

I dont have an answer for 1 - but I can tell you that for #2, there need to be some dumbed down tutorials. All the ones I've seen ar written by tech/crypto nerds for other tech/crypto nerds. We need to figure out a way to explain the process and applications to an HR specialist, an ad man, a govt worker, a non-profit exec.

Basically, how do we redpill the masses?

I mean after we have bought up tons of this shit, obviously...