>>> The fact that you can take out a loan or buy insurance and your counterparty is a smart contract is pretty interesting. it would be like if google is your

>>> The fact that you can take out a loan or buy insurance and your counterparty is a smart contract is pretty interesting. it would be like if google is your insurance provider. If something goes wrong (it eventually will) there would be no recourse, no one to talk to ... all hail our algorithmic overlords.