Why is Ethereum hard to understand but the future of finance?

Ethereum is not just a cryptocurrency but also a blockchain platform that allows the creation of decentralized applications (dApps), smart contracts, and decentralized finance (DeFi). This enables the building of new financial services that are more transparent and efficient without the need for traditional intermediaries like banks.

Smart contracts on Ethereum are computer programs that automatically execute the terms of an agreement when conditions are met.

They support areas such as lending, insurance, asset trading, and identity management, eliminating the need for intermediaries and reducing costs.

Decentralized finance on Ethereum has revolutionized traditional financial services, providing access to products such as lending, trading, and insurance for anyone with an internet connection.

The ability to create non-fungible tokens (NFTs) on Ethereum has opened up new markets for digital art, collectibles, and in-game assets, demonstrating the potential of blockchain in asset digitization.

While Bitcoin focuses on its role as "digital gold" and a store of value, Ethereum aims to be a "world computer" that can support a wide range of applications and smart contracts. This programmability allows Ethereum to have a broader practical utility, thereby creating stronger demand.