> In a very real way, those contracts are less smart than existing legal contracts. It's more that they're just entirely separate things. Smart contracts are

> In a very real way, those contracts are less smart than existing legal contracts. It's more that they're just entirely separate things. Smart contracts are programmable money. Contracts are agreements between parties. The fact that you can use smart contracts to automatically take actions required by an actual contract is interesting and useful, but it's not enough to make the two comparable.