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The solution to a broken system is not to replace it with another equally broken system. It is to replace it with a better one. The argument from people who are
by zaphar 5y ago
The solution to a broken system is not to replace it with another equally broken system. It is to replace it with a better one. The argument from people who are skeptical of the entire premise of smart contracts is that it looks to them like a worse not better system.
I am a software engineer. I know full well what it takes to design a well functioning software system. I also know that software tends to ossify processes. Anyone who has ever tried to work against the software of another business knows how straight jacketed that can get. Putting these together my only reasonable conclusion is that smart contracts look like a terrible idea and I would never in a million years trust one.