Thanks for posting this. So to make sure I'm understanding this correctly and using Walmart as an example. When you say Ether uses smart contracts, Walmart would have a program run on Ether that tracks all of its sales & inventory as well as the currency exchanged? Whereas bitcoin will only help with the currency transaction and Walmart would have to keep a separate sale & inventory record?
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That is pretty accurate. Ethereum could be used to create a new smart contract application that Walmart could use to track inventory (for example). In theory, bitcoin could be used as a currency (Overstock accepts bitcoin as payment, for example), but in practice people are currently buying and holding bitcoin as an asset. As the price of bitcoin stabilizes, it would have more use to Walmart as a currency or payment option.