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> this would most likely kill "smart contracts" (since they can just be overridden by existing legal systems...) I wasn't sure how this was supposed to work. I
by Joeboy 10y ago
> this would most likely kill "smart contracts" (since they can just be overridden by existing legal systems...)
I wasn't sure how this was supposed to work. If the success of smart contracts requires them to be independent from the law... that just isn't going to happen. But in theory, they still might make sense as a low-cost, automated way of doing business, for the majority of cases where transactions go more or less as planned?
(I am an ethereum-skeptic trying to keep an open mind, btw)