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Can't they choose not to sign and just look for legally non-obliging alternatives? Etherium tries to sell just the idea of digitizing¹ the legal contracts, it w
by restalis 11y ago
Can't they choose not to sign and just look for legally non-obliging alternatives? Etherium tries to sell just the idea of digitizing¹ the legal contracts, it won't fix the practice of the involved actors!
¹ Digitizing as conversion to digital but locally stored documents like they did with books doesn't do it with contracts, as these are more than information on paper, so the digitizing in this case had to address somehow also the contracts' functional part.
- chrstphrhrt 11y agoThis is true. I could be wrong, but aren't blockchain transactions publicly visible? I was thinking more along the lines of having contract breaches being publicly visible, which would motivate the more sociopathic egotists of the world to keep up appearances of fairness. Making it harder to just move to the next victim because a reputation could be built up. Edit: also bridging the gap between expensive lawsuits that end up not being worth it, or the temptation to publicly shame the bullies which is almost always tacky and never dispassionate.