You're not alone Siggy!
@fiksn mentioned in their explainer how Adam Back sees it as similar to a 2016 announcement

Imagine a movie-style “briefcase swap” (one party with a briefcase full of cash, another containing secret documents), but without the potential scenario of one of the cases being filled with shredded newspaper and the resulting exciting chase scene.

So get your Lebowski friend's to fill you in - they'll know all about it!

Best wait until people start building with it. Trade-offs are hard to evaluate without a working product.

This time last year everyone was excited about Taro, but even now I don't think it's used for anything.

https://media.tenor.com/oziJ-NZiXmAAAAAC/kirby-suck.gif

Shitcoin devaluation expedition

You lost me at ‘am l’ :D