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all those cases are examples of how old institutions have managed to solve issues relevant to the smartcontract case. But most people don't have access to such
by seniorivn 6y ago
all those cases are examples of how old institutions have managed to solve issues relevant to the smartcontract case.
But most people don't have access to such institutions, and it turns out building political institutions capable of providing such tools and trustworthy is really hard. Even worse, some people don't have as much trust in longterm longevity of governments.
for all those people, trust-less smart contracts is a replacement of institutions they don't have, available as long as its tech works.