You can think of these programs like event-based lambdas that are immutable, publicly visible, and you don’t have to pay for the compute or storage (the user pa

You can think of these programs like event-based lambdas that are immutable, publicly visible, and you don’t have to pay for the compute or storage (the user pays via fees per usage). For money, they are solving the problem of user accounts being integrated top to bottom. For example, on a blockchain I can perform a Flash Loan. I can instantly take out and pay back a loan of a sum I would usually never have access to with zero collateral down. I can have zero dollars in my bank account but instantly borrow $1,000,000 (literally), spend that $1,000,000, and pay it back with interest, keeping any profit. The transaction does not get executed unless it is automatically verified that the lender has the funds, and the resulting sum after the transaction is complete will be enough to pay back the interest on the loan. Then the virtual machine executes it. It is instant, and requires no collateral because it is paid back as part of the transaction. They are also solving problems for financial exchanges. Most exchanges are centralized and opaque. A small group makes the rules, and they make rules that favor some firms over others (special order types, data feeds). A decentralized exchange like Uniswapv2 is completely visible and has no requirement for maintenance by a single group. And in the end, the entire exchange is just another smart-contract. The potential for integration with the other programs running on the chain is huge. These are two of the strongest use cases I've seen come out of cryptocurrencies. Consensus without centralized authority, immutable lambda execution paid for directly by the user, transparency, deep integration (wallets, other contracts). These things combine to produce value. This is less something you have a pitch deck for and more like an open standard. Rather than a chain of firms each with their own APIs, managing their own infrastructure, the function served by a whole company is replaced by a series of lambdas anyone can see in their entirety. This is so fundamentally different to how we think about tech companies today that I think our culture is still processing it.