Bitcoin Forum
June 14, 2024, 01:02:57 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: ...smart contracts cannot be enforced in a court of law is supposition  (Read 1265 times)
bitcoinsolicitor (OP)
Member
**
Offline Offline

Activity: 73
Merit: 10

Bitcoin Lawyer in Kensington, London


View Profile WWW
April 05, 2016, 09:19:57 PM
 #1

https://medium.com/@lawyer/the-definition-that-smart-contracts-cannot-be-enforced-in-a-court-of-law-is-supposition-2fd13fbdca2e#.hfhi18vdn
Capaccioli
Member
**
Offline Offline

Activity: 65
Merit: 10


View Profile WWW
April 07, 2016, 06:16:26 PM
 #2

I partially agree on Your post.

Partially, because I think that there does not exist a "smart contract" without a CONTRACT. Under my interpretation smart contracts ARE NOT contracts (I hope to publish soon both in Italian - already sent -  and in English - translation in progress).

So while smart contracts cannot be enforced by law, UNDERAGREED CONTRACT could be enforced!

The real problem is for contract between pseudos: in this case there is a big problems for the identification of the PLAINTIFF and/or the DEFENDANT.

 

European Central Bank
Legendary
*
Offline Offline

Activity: 1288
Merit: 1087



View Profile
April 07, 2016, 11:45:25 PM
 #3

Ain't there a whole section of society that wants zero to do with lawyers and'll do anything to avoid them? Smart contracts fulfill that need and they're not gonna care what the law thinks. They'll take care of it themselves.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!