4 ms·
The "point" of smart contracts is that the code is the contract. The "victim" voluntarily gave that money away.
by anoncake 5y ago
The "point" of smart contracts is that the code is the contract. The "victim" voluntarily gave that money away.
- crooked-v 5y agoThat only holds right up until a judge disagrees and orders the transfer reversed.
- TeMPOraL 5y ago> The "victim" voluntarily gave that money away. This explanation, much like its sibling "voluntary transaction" defense of market failures and economic coercion, sounds to me like a bully who hits their victim with their own arm, and then exclaims, "stop punching yourself!".
- anoncake 5y agoIf the person who lost the money had to use smart contracts, you've got a point. If they used them because they thought they were a good idea, I hope they learned their lesson.
- TeMPOraL 5y agoAgreed, but the crypto crowd wants smart contracts to be ultimately used by everyone, which means (in their hypothetical world, which I hope never materializes) many if not most uses will be of the "had to use" kind.