so I have a few questions after looking at #cryptokitties:
what stops someone from building a currency with smart contracts?
if someone built such a currency, would it be a microcurrency?
would it be automatically exchangeable?
could it be called a #federated #cryptocurrency?
@JTE Yes, but then doesn't every sub-currency also regulate the price of ether? Also can't you like, convert sub-currency into main currency, also through smart contracts?
@SoniEx2 Only if the smart contract allows it. Every function performable has to be explicitly specified.
@SoniEx2 Nothing "stops" anyone from building sub-currencies out of etherium smart contracts. That's one of the most common uses of it, in fact.
The main problem is that every transaction of sub-currency still costs ether to process.