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That take has many problems. 1/almost all biz logic is in P, so that verification is about as expensive as the original computation. 2/in biz logic verification is seldom simpler than the original computation. 3/Turing completeness is largely orthogonal to P vs. NP.
P.S. for Bitcoin's focus as a trust-minimized global store of value, it pays to be very conservative about this kind of thing. But that doesn't mean there aren't a bunch of other useful things you can do -- there are, including stuff my company has developed.
Oh I’m sure there are. But, from my experience, I believe the majority of the broad Ethereum community refer to EVM “smart contracts” as a way to run arbitrary “apps” (like “decentralized Uber”), and those usually seem to be just multisig with semantics
Computational scalability and a governance model that violates immutability are both huge problems for Ethereum. That and the finance/crypto culture gap are why Turing-complete smart contracts have not yet gained traction.
Forgive my ignorance, but what is your company?
Global Financial Access
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