frdysk pfp
frdysk
@frdysk
so normie friends asked again, wtf is crypto, how is value created out of thin air, i almost had a meltdown explaining, i realized idk how to articulate it as well as i'd like to think the questions asked are really basic: what is a token? what is a smart contract? what's the difference between bitcoin and ethereum smart contracts? why are there so many type of blockchains? do blockchains use the same type of tech? why do some institutions favor one over others? if we can create our own tokens, why is not everyone doing it? 🤪
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Thomas
@aviationdoctor.eth
I feel like there’s a lot of underlying understanding that we take for granted even in ourselves — I also know what those things are but never had to articulate them, so I don’t necessarily have simple and straightforward explanations that are suitable for normies. It’s a good exercise to force yourself to spell it out though, it helps uncover our own blind spots
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frdysk
@frdysk
indeed, made me realize how bad the explanations were in hindsight, i need to double down the efforts
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