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"I think we live in a world where holding the real thing in your real hands is all that matters." In regions with the rule of law, there are things more import
by cturner 5y ago
"I think we live in a world where holding the real thing in your real hands is all that matters."
In regions with the rule of law, there are things more important than physical possession - ownership, contract.
- NoGravitas 5y agoRight, but NFTs don't solve those, either. In a dispute between the court and the blockchain, the court wins.
- cturner 5y ago"Right, but NFTs don't solve those, either. In a dispute between the court and the blockchain, the court wins." 1) In contracts, you can add a clause that mandates a dispute-resolution process that must take place before either side goes to real courts. These could be codified into the blockchain contracts. If that process is well run, I assume the court will have no reason to over-rule it. 2) In blockchain matters, is there a distinct party to file against? Where there is, do you know who they are? And are they in the same jurisdiction as you?