> Any script kiddie SHOULD be able to write a dapp. Most people don't [understand that they don't] understand the complexities our our modern financial system,

> Any script kiddie SHOULD be able to write a dapp. Most people don't [understand that they don't] understand the complexities our our modern financial system, but we don't require that one has a PhD in order to spend a dollar. A low barrier to entry when dealing with financial transactions is desirable. I think that simple market approach works well when customers are able to understand and compare what they are buying (or investing into), but it doesn't work when customers don't have the means to do so. That's why the financial industry is one of those that needs to be heavily regulated. So, no, IMHO having lowering the barrier to entry to write complex financial instruments that can trade hundreds of millions of dollars is a recipe for disaster, not for useful innovation. Of course I understand that, if you're a libertarian, you're not going to agree :)