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There's different levels of "smart". Every bitcoin transaction is a smart contract: "I unequivocally agree to give you this much of my bitcoin" A slightly smar

• saghm 3y ago
  My point is that human-based contract systems don't suffer from needing to think of every possible edge case up front in order to be legally enforceable; courts make rulings based on stuff like "what would a reasonable person would infer in this case?" all the time, and in some cases, unreasonable contracts aren't even enforceable at all even if they technically are logically sound.
  • npoc 3y ago
    Yes, I understand, but legally enforced contracts can be both a blessing and a curse. Contracts where no nanny state/tyrannical state can intervene on a mutual agreement between two people have their own value. > human-based contract systems don't suffer from needing to think of every possible edge case up front This isn't always a good thing. As smart contracts are in a form enforceable by computation, they could be put through a series of automated checks to help ensure all edge cases have been considered.