[kalleboo]

> isn't it reasonable to have an exception clause

It absolutely is. Which is why you don't say "code is law". Which is why Ethereum is dumb.

[nebabyte]

If you think laws are written without exception clauses, I have a bridge to sell ya.

[kalleboo]

Laws are interpreted by courts.

There is no court of Ethereum aside from "can I convince the developers + 50% of miners to do a hard fork"

[jjeaff]

I have a solution. Perhaps you take the etherium users, and they can vote and elect arbitrators, let's call them judges. Then those judges can hold "court" and a selection of etherium users would act as a "jury" to decide on how to handle exceptions. Of course, we will also need to appoint people to enforce those laws. Maybe we should start with a constitution to get things all lined out...

[bluejekyll]

Actually I would suggest starting with something less strong than a "constitution", something that just defines the federation of etherium exchanges in broad strokes, call that the "federalist papers" or something.