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Attorneys handle this in most jurisdictions. Are there no DAO attorneys springing up yet?
by aaaaaaaaata 4y ago
Attorneys handle this in most jurisdictions.
Are there no DAO attorneys springing up yet?
- WorldMaker 4y agoThere's a chicken-and-egg problem there that most "code libertarians" think that code is a better "more objective" adjudicator than a human-scale justice system with things like human attorneys involved and consequently there's a lack of standardized software controls in "smart contracts" that would allow for human-scale intervention by authorities or even acknowledge the existence of outside authorities beyond the code of the smart contract itself, so there's no clear and natural "jurisdiction" there at all. Attorneys will get involved in just about anything if they think they can make money (fees) from it, but so far there are intentionally no direct "jurisdictions" to enter (what country is a globally distributed software program answerable to? the data center that last ran a bit of it? the author's? the victim's? There aren't enough laws on the books today to answer these questions), and most "smart contract" developers see this lack of "jurisdiction" a feature, not a bug.