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If you find a software bug in an ATM that gives you all the money from the machine it absolutely would be considered theft. A bad lock on a door (or even no loc
by spullara 5y ago
If you find a software bug in an ATM that gives you all the money from the machine it absolutely would be considered theft. A bad lock on a door (or even no lock) doesn't give you the right to steal things behind that door. IMHO this is how the law would look at it and not care a wit about whether or not there was a flaw in the software. IANAL but have seen this kind of argument play out ever since computer bugs were exploited by unauthorized individuals.
- kinghajj 5y agoATM machines aren't marketed that "their code is law," whereas that's an explicitly espoused property of smart contracts.
- joe_the_user 5y agoThe thing about that is smart contracts are intended to not operate this way. The aim of a smart contract is that whatever happens is the ultimate rule - the contract enforces itself. Such an intention doesn't cause laws and courts to stop existing or make things so courts won't interpret certain actions as theft. But it complicates things.