I'm not going to argue against ignorance. One can simply google the technology and see for themselves instead of drinking the Kool-aid from others. There's a reason for the large push against crypto; an agenda.
Programmable consensus and smart contracts are easy to learn concepts.
*Also one should know it is offensive to call another's work vaporware. Especially, when one is relying on anecdotes. Next I'm going to be told IBM and Google are wasting their time and shareholder money on blockchain.
That's for posting an actual citation. The author of that blog post explicitly states in a follow up comment: "I totally agree that it makes no business sense" and that his objective is merely "to explain how a smart contract implements the terms of a contract."
So yes, fair to say it's vapor i.e. not a real thing. That may be harsh but it is a fair and supported criticism, whereas your prior comment merely engaged in unsupported mockery.
Programmable consensus and smart contracts are easy to learn concepts.
https://medium.com/coinmonks/escrow-service-as-a-smart-contr...
*Also one should know it is offensive to call another's work vaporware. Especially, when one is relying on anecdotes. Next I'm going to be told IBM and Google are wasting their time and shareholder money on blockchain.