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That's one reason I'm long-term hopeful about Smart Contracts. If they are adopted, they may force/encourage a re-evaluation about all kinds of things, includi
by ekanes 5y ago
That's one reason I'm long-term hopeful about Smart Contracts. If they are adopted, they may force/encourage a re-evaluation about all kinds of things, including predatory aspects of banking. For example, let's reconsider if poor people should really be hit with extra charges when they hit $.0 on their bank account.
- Aloha 5y agoSmart Contracts are not something a normal person can understand. You overestimate your own intelligence and peoples diligence and willingness to tolerate complexity.
- PicassoCTs 5y agoBut smart contract, demand standardized interaction interfaces to work the world. Basically they depend on the automatability of all legal work / bureaucracy.
- ekanes 5y agoThat's fair, but brand reputation can carry society past that.