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Is "code is law" also valid in real life (TM)? It is quite catchy, "code is law". But law where? In some virtual crypto land?
by LittlePeter 5y ago
Is "code is law" also valid in real life (TM)?
It is quite catchy, "code is law". But law where? In some virtual crypto land?
- xyst 5y agowell law is only as good as the enforcement. Possession of cannabis in the US is still a federal offense. But some states choose to prosecute them and others choose to ignore it and legalize it at the state level. Enforcement in this case is not LEOs but rather the smart contract that lives in the blockchain. Except there are no grey areas