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I don't think this works because even if a transaction is irreversible, the court could still impose monetary damages, if it has jurisdiction. Or some other pen
by skybrian 4y ago
I don't think this works because even if a transaction is irreversible, the court could still impose monetary damages, if it has jurisdiction. Or some other penalty.
And it seems hard to keep US machines (or any other country) out of a permissionless distributed algorithm? Effectively, any country could claim jurisdiction pretty easily, if it wanted, by adding a machine to the network.
- adastra22 4y agoI agree on the first point. I think this is fully compatible with what I said too.