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so if we are depending on a centralized legal framework, why would we need the blockchain (decentralized store)? Wasn't Code supposed to be Law?

• qaq 5y ago
  so we do not have to go through legal process to resolve anything
  • bbddg 5y ago
    Law is not like code. It requires interpretation. You're nuts if you don't think most of these "smart contacts" wouldn't just end up in court anyways.
    • qaq 5y ago
      thats the legal framework in place bit.
      • bbddg 5y ago
        A legal framework. You mean laws? We have those for all sorts of things but we still have courts to interpret How the laws apply for specific situations.
  • lawtalkinghuman 5y ago
    That's literally how things work now. ~99.99999999% of contractual agreements are not litigated. The legal process is there as a slow debugger when it all goes wrong. But most of the time, things don't go wrong and people work out their disputes without involving courts and judges.