2 ms·
> Did you personally write the legal contract for the last place you were a tenant of without any involvement from a lawyer? No When I was renting my apartment
by dmitriid 6y ago
> Did you personally write the legal contract for the last place you were a tenant of without any involvement from a lawyer? No
When I was renting my apartment in Sweden, the contract was literally one page long. It was written in such a simple language that I could understand it even with a rudimentary knowledge of Swedish.
When I was buying my apartment, the contract was four pages long, and the language wasn't much harder.
Now, with an Ethereum contract I would have to learn an esoteric programming language, look at the contract's source code, verify that it actually corresponds to an actual contract that we already agreed to.
And all that even without getting into the question of who's going to enforce this contract, and how.
And don't forget, in many jurisdictions an "IOU $50" written on a napkin is a legally binding contract requiring zero lawyers.