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My own skepticism isn't so much stemming from any belief that the current legal systems are particularly great as it is from the learned reflex to be wary of an
by saalweachter 10y ago
My own skepticism isn't so much stemming from any belief that the current legal systems are particularly great as it is from the learned reflex to be wary of anyone rewriting a system from scratch.
The legal system is complex and messy sometimes because moneyed interests have been keeping a thumb on the scales and sometimes because the world is complex and millions of people have spent hundreds of years patching bugs and extending the code to handle all the weird corner cases.
Smart contracts are a neat idea, but it is also kind of like the guy who wants to rewrite the production system in a weekend.
- Chris2048 10y agosmart contracts are still a good idea, separate from implementation concerns. I also consider the strictness, and lack of third-party mediation a "pro", not a "con".