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I'm not technical enough to disagree with Bruce. I'm also not an international law lawyer, fixer, intermediary, etc, to agree or disagree with how we have been
by 627467 6y ago
I'm not technical enough to disagree with Bruce. I'm also not an international law lawyer, fixer, intermediary, etc, to agree or disagree with how we have been trusting intermediaries for thousand of years and why this is impossible to replace.
The way I see it is that blockchains and smartcontracts have the potential to replace treaties, lawyers, corporate intermediaries, etc in an increasingly multipolar world where treaties would serve as a legal protocol to regulate transactions.
Maybe it is naive (I'm still trying to workout how this can ever happen if nation-states actively oppose these desintermediations) but I do think that privately orgs and people could benefit from technology that helps them transact with less middlemen.
In a world where China/Russia/etc is trying to avoid exposure to US money/laws maybe this could serve as alternative?