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Topic: Does this mean that ETH is irrelevant (smart contracts on bitcoin blockchain) - page 2. (Read 1681 times)

legendary
Activity: 2436
Merit: 1561
The hype around ethereum makes it seem like "smart contracts" are needed. I do agree it is a nice possibility, but so far I have never needed it, and if people would have needed it, it would have been invented a lot sooner.
It now seems they are offering a solution to a problem that does not exist. Meanwhile the inventors are cashing in, people jump on the train afraid to miss it, without ever having shown a single application that we can use. Or even better: an application that we need.

I see your point, but note that no one needed internet before it was invented, people were doing fine without it. Same goes for every other technology.

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and if people would have needed it, it would have been invented a lot sooner

Lol, so I guess we won't see any new, useful inventions ever again. Coz such would already have been invented if we needed them, right?
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
The hype around ethereum makes it seem like "smart contracts" are needed. I do agree it is a nice possibility, but so far I have never needed it, and if people would have needed it, it would have been invented a lot sooner.
It now seems they are offering a solution to a problem that does not exist. Meanwhile the inventors are cashing in, people jump on the train afraid to miss it, without ever having shown a single application that we can use. Or even better: an application that we need.
legendary
Activity: 2436
Merit: 1561

Link not working, probably article got deleted. Possibly newsBtc attempted a little market manipulation. Successful.

Alternative (cached) link in this thread:

https://bitcointalksearch.org/topic/--1401874
legendary
Activity: 3248
Merit: 1070
everything you can do on other altcoin, it can always be done on bitcoin, altcoin are only good for testing new stuff, if it is a good stuff, bitcoin will absorb it

altcoin are good as a guinea pigs
legendary
Activity: 2786
Merit: 1031
Competition is never irrelevant.

Pretty sure other projects will emerge with this kind of features.
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