Code as law isn't new, and it's probably true that people don't want it. However, two things are new: 1. The ability to execute code automatically. 2. The abi

Code as law isn't new, and it's probably true that people don't want it. However, two things are new: 1. The ability to execute code automatically. 2. The ability to decentralize. There are lots of places where these things are of value, which is why some people are willing to accept code as law as a tradeoff to get them.