Ethereum promised smart contracts but it was basically a scam on Vitalik Buterin's part to weasel other people out of their bitcoins by pre-mining and then holding the first ICO, payable in Bitcoin. Eventually the smart contract function will be added to Bitcoin via sidechains.
Roostock is coming to Bitcoin 4th December
![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
So with that, what is the point of Ethereum? Especially since BTC has already been adopted in real consumer payment systems for several years.
As you read in the other thread about ETH, there isn't any. The ETH camp are clueless sheeple that just follow it because of Vitalik, and don't really want to sit down and think through ETH's bogus, non-existent business model. When you do, you find that none of it makes any sense, either in the short term or the long term horizon. The hype is not warranted.
The reason for ETH's existence is complete vapor. That's why the name is so apropos.
![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
Well said Torque.
The only thing i see on ETH are ICO's scams. It's beeing build on bad scripting language as a result that ETH is a minefield. People will lose there money from time to time.
Code is law, unfortunately a lot of people dont care somehow. Of course Vitalik will never say that his creation is a huge pile of shit, he said that he isn't so sure of ETH is going mainstream.
Remember those ETH shills like 6-12 months ago claiming ETH will take over Bitcoin..where are they now
![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
Rootstock main focus is on real smart-contracts like;
-Micro-lending
-Distributed voting systems
-Machine to machine payments
-Decentralized exchanges
-Asset tokenization
-Supply chain tracking
-Loyalty and rewards
-Micro-insurance
-Crowdfunding
-Property registry
-Escrow services
-Transparent public tenders
-Remittances.