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What are the downsides of Bitcoin RGB smart contracts?

Bitcoin Reddit

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I just read about the concepts behind RGB smart contracts and it was a mild epiphany. It's just so braindead obvious and simple that I feel like an idiot for not thinking of it myself. Of course this is how smart contracts should work and scale! Duh! State in the blockchain is just redundant and unnecessary! It's like seeing the invention of the wheel, which I imagine was quite embarrassing to all contemporaries who didn't actually invent it.

So, what am I missing? What is wrong with RGB?

submitted by /u/note2self-urnot-anon
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