4 ms·
> The problem is, if smart contracts are subject to human governance, what advantages do they have over any other kind of contract? I would argue that they are
by this_user 9y ago
> The problem is, if smart contracts are subject to human governance, what advantages do they have over any other kind of contract?
I would argue that they are actually worse, because they are subject to the whims of individuals like Buterin who are effectively accountable to no one. In the real world you have judges, you have juries, you have clearly laid out rules, and there exists a well defined process of how legal issues will be handled.