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Correct. Programmatic contracts should have democratized the entire business but instead this new scheme creates a new class of "lawyer".

• wolfgke 10y ago
  I strongly prefer "laws" that are based on mathematics/computability theory than on social conventions.
  • crispyambulance 10y ago
    I think this is the core flaw in the mindset of Ethereum adherents: the very idea that it is even possible to have "Laws" which are completely objective to the point of mathematical logic and that these could/should be enforced, literally, by a computer running a program. We are thankfully very very far from a system of Laws which are anything like that. Such a system might be great in certain "sandbox" environments for manipulating resources that have carefully controlled interactions with the outside. But to have arbitrarily complex "smart contracts" running in the affairs of the real world? no thanks!
  • dkarapetyan 10y ago
    We are in agreement. It's unfortunate that the initial implementation was a blunder.