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> Smart contracts are pointless since you need trust anyway to deal with real-world assets. jgarzik (bitcoin core dev) disagrees with you, he tweeted recently
by kylebrown 11y ago
> Smart contracts are pointless since you need trust anyway to deal with real-world assets.
jgarzik (bitcoin core dev) disagrees with you, he tweeted recently that he's excited about their potential (he calls them "active addresses"). Also, Nick Szabo disagrees with you.
> Nobody would rather trade in a p2p system instead of "real" exchange either.
Lots of people would rather. There are many projects attempting to do decentralized/p2p exchange. For example, atomic cross-chain transactions have been on the horizon for a while now. And startups like tether.to, so that USD-tied assets can circulate in a decentralized manner (I won't mention ripple, but it is the same idea).
It is a natural evolution, the demand for an alternative to centralized exchanges comes from the same motivation to have an alternative to PayPal. Oh, and people also want a decentralized Silk Road (once they realize that its possible).