3 ms·
If your argument is that decentralized ledger technologies cannot in their current state or perhaps ever entirely replace governments then I guess any reasonabl
by mattwilsonn888 5y ago
If your argument is that decentralized ledger technologies cannot in their current state or perhaps ever entirely replace governments then I guess any reasonable person will just have to give that to you. And I doubt as many "crypto evangelicals" would actually argue with you on this.
- derefr 5y agoRight; distributed smart contracts complement legal systems, like a road network complements a rail network. Of course, that’s just the simple, “immutable logic” kind of smart contracts. The “updatable policy” kind of smart contracts are really just a way to encode and implement a legal system. (See: the regulation model in security tokens.)
- serverholic 5y agoI also think people complement smart contracts. The difficulty of building smart contracts makes me think people and human processes will be the glue that binds many of them together.