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Yes, there are some things that make me uneasy about this attitude of Ethereum being used as a kind of law. The problem is, traditional law has a some room for
by ris 11y ago
Yes, there are some things that make me uneasy about this attitude of Ethereum being used as a kind of law. The problem is, traditional law has a some room for the idea of something being "reasonable" or not. I fear it would be quite easy for an disreputable dealer to draw up contracts in code in an obfuscated way, perhaps having hidden subversive behaviour, or clauses that behave in a way different from how a brief inspection would suggest.
This is of course possible in standard law too, hiding clauses in impenetrable legalese. However, in standard law (as far as I know), such tricks don't tend to stand up in court as the behaviour is considered "unreasonable".
Ethereum, being self-enforcing, gives no recourse to victims of tricksters. It's all set in stone.