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> the potential applications offered by its fancy scripting language are not actually that much stronger than what you can do with Bitcoin I disagree. When I l
by natrius 11y ago
> the potential applications offered by its fancy scripting language are not actually that much stronger than what you can do with Bitcoin
I disagree. When I learned about what can be built with the Ethereum Virtual Machine, I quit my job to build decentralized applications full time.
You can either wait for decentralized apps to work their way into your life, or you can ignore the naysayers and find out for yourself if these tools are worth building with.
- panabee 11y agoyour conviction is awesome. good luck! mind sharing some of the decentralized apps you're building or believe are better with ethereum?
- scient 11y agoI would also love to know what are the apps that you are thinking about that could be improved so much by this technology that you quit your job. I have tried to think of all kinds of uses cases and just can't get excited over this technology.
- writtles 11y agoi had an idea that if I were a US bank I would create a USD token on Ethereum that would be redeemable at my bank (or my network of banks). A eUSD token would created via smart contract and be pegged to the dollar and thereby tradable on the Ethereum network. Individuals and business could then do business in USD (or any fiat of choice for that matter. Obtainable on an Ethereum exchange or through said bank(s)). Other implications: An accounting firm could create a smart contract that calculates and or files my taxes. A business structure (LLC, IPO etc) in can be written into a smart contract. And so on.
- joosters 11y agoAh, the magic trustless dollar-pegged digital token. Many tales have been spoken of them, but none stand up to close scrutiny. You need to solve this problem before basing anything else upon it.