In reality these startups are already marketing,promoting and hyping "smart contracts" as something they are not. I have no problem with a dencentralized/distr

In reality these startups are already marketing,promoting and hyping "smart contracts" as something they are not. I have no problem with a dencentralized/distributed "if this, then that" algorithms but let be honest about its real life applications and its limits...and not call them "smart contracts" capable of replacing lawyers/courts/legal systems in order to sell the tech to investors who are uneducated about the technology or law. im not saying we should not use smart contracts (computers) because there was a bug in one, I am saying the tech is being sold as something it purports to be which it is not, and that is ripe for abuse. In the case of dao, assuming there was no bug and smart contracts really were capable of contract enforcement and preventing breaches, they never needed to collect investors money up front, yet no one ever stopped to ask why they did that, well when $150m gets stolen it becomes obvious why they wanted investor funds upfront before a single investment opportunity even existed.