Can Smart Contracts replace traditional contracts?

[motun01]

Smart contract scam the place traditional contracts but not fully because sometimes traditional contracts need to be enforced by the law because of people that would want to breach the contract so smart contract is only applicable where the two parties have a stake in that is determined by the contract without a stake which the both parties have to lose. Because of this, any of the party can easily evade or breach the contract and there will be no law to hold the person to.

[1713867814]

1713867814

[Ifychuks]

Woww.. This forum is superb. I never knew about traditional contracts. Going through this post and the comments has given me the knowledge on smart contracts and traditional contracts. Am quite humbled.

[gidaahmad]

In general, smart contracts are successful in handling ICO projects or Airdrop projects, etc.

And most people use smart contracts to have Ethereum. However, traditional contacts cannot be replaced.