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SuiteWorld #3: The Debits and Credits of Crypto
The Accounting Podcast
Is That a Disposition?
So you take an Ethereum and you go to a smart contract. You are basically, you give that smart contract the Eef and it gives you back this token called Weef That is you will always be able to trade it back for ETH. So anyone can pull out Weef from that smart contract. It's not guaranteed to be your ETH in there. Anyone can pull it out. But you are guaranteed that if everyone in the world pulled all of their ETH out of that smart contract and you had the one last Weef, there would be one ETH in that contract and you could give it your Weef and get your ETH back out of it. And about half the big four think
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