3 ms·
This kinda belies the whole premise behind "smart" "contracts", doesn't it? I've always heard that the point of smart contracts is that we don't need the legal
by tdeck 5y ago
This kinda belies the whole premise behind "smart" "contracts", doesn't it? I've always heard that the point of smart contracts is that we don't need the legal system to settle issues, because the code itself enforces the contract.
Apparently code can have bugs, and people can make mistakes? Whoops, wish we'd known those things before pouring millions into this stuff.
- Stevvo 5y agoThe idea of "Code is law" as an absolute died back in 2016 with the DAO fork. A better way to see it is like "law is law", which is obviously untrue as we have things like case law/common law.