[snak]

> Aside from the amusing programming error, the main problem with much of the "smart contract" activity today is that doing anything remotely interesting requires an oracle. An oracle is basically a server that reports the outcome of an event. And servers can be attacked in ways that systems like Ethereum can't.

Thank you! I've tried to put it into words before but I think this is as close to perfection as one can get while describing why smart contracts are not what people believe them to be.