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I agree with you that there is a wide gap between Bitcoin/Blockchain tech and real world. Won't contest that. But a will contract can be put on the blockchain,
by aws_ls 10y ago
I agree with you that there is a wide gap between Bitcoin/Blockchain tech and real world. Won't contest that.
But a will contract can be put on the blockchain, and its a step forward, IMHO. Just today I learnt about OverStock's t0[1] trading on the Blockchain using colored coins (which is supposed to bring down the settlement of stocks to T+0 from T+3. Just stating this example as a case of progress enabled (or made possible) by the blockchain.
Likewise, Blockchain will make wills better i.e. enforceable and crisp via a program hence more specific. But as of now, its not a replacement for judiciary definitely. That's why I said its like version 0.1 of what's possible.
[1] https://t0.com/ https://t0.com/
Edit: The link to t0