3 ms·
> Why people are wasting many millions of dollars to implement cryptographically-secure electronic signature systems, if a simple thumbs-up emoji is enogh? ;)
by krisoft 3y ago
> Why people are wasting many millions of dollars to implement cryptographically-secure electronic signature systems, if a simple thumbs-up emoji is enogh? ;)
People insist on formalities (of all kind) precisely in order to avoid these kind of lawsuits. Paying all those lawyers is not cheap.
> What's next?
It is not like this was some hapless chap who got suckered into a deal. They had a business relationship going on for years and they have agreed on similar deals with not much more than a thumbs up emoji.
> Common Law system is flawed.
What aspect of this story makes you think that?
- nivertech 3y agohttps://news.ycombinator.com/item?id=36644084 https://news.ycombinator.com/item?id=36644084
- ncphil 3y agoAlthough I'm not a fan of the common law system, it isn't the problem here. The problem is a culture that so elevates informality that there are no guardrails left to ensure careful, thoughtful, deliberation even in business deals involving tens of thousands of dollars. Next up, declaration of war by tweet.