> I mean how often do we enter a contract (outside of purchases) in our lifetime? In every email you read, every website you visit, every purchase, some sort

> I mean how often do we enter a contract (outside of purchases) in our lifetime? In every email you read, every website you visit, every purchase, some sort of social contract exists. > Does the Ethereum VM support advanced math? Ie. complex numbers, high precision values? No, ethereum will not be good at or used for any of those things (directly). > of what use are smart contracts and organizations if they are not accepted by your local jurisdiction? Ethereum contracts are PRECISELY for instances where they aren't accepted by local jurisdictions, that's what machine-based enforcement is all about. Bottom line, you're thinking of ethereum as a "faster horse" whereas the ethereum team is trying to build a car- The use for ethereum is that it opens up new possibilities that never existed before. (not that I'm saying it's certain to succeed at this goal.)