[Igelau]

I thought the article did a fairly good job pointing out:

- The only applications anyone is implementing on progcoins are exchanges and/or gambling. So far, dApps are a circular argument.

- Smart contracts aren't so smart. They are ticking time bombs waiting to get exploited DAO-style.

That doesn't leave a whole lot of room for utility.

[joshmarlow]

> - The only applications anyone is implementing on progcoins are exchanges and/or gambling. So far, dApps are a circular argument.

There's an argument that that's okay for now - the finance applications are effectively capitalizing infrastructure construction, which will make future applications easier to build, more scalable, etc. The amount of $ in these applications incentivizes bad actors to help expose the failure modes of the infrastructure - which again would be nice to know and document before it becomes widely useful.

^ that's a prediction - I'll be the first to admit that this crypto stuff may go nowhere. But it might go to some interesting places.