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by gciruelos 3257 days ago
Nothing was stolen. All I see is a programmer abiding by the contracts.
3 comments

If a smart contract is also a binding, legal contract, then normal contract law applies - and intent matters here in the real world. Therefore, it's theft.

I am most certainly not a lawyer.

Most likely true. But if intent matters and the smart contract isn't actually the final arbitar, then smart contracts are fatally flawed.

Unless courts recognize the ability to sign away your rights through some kind of disclaimer that makes the smart contract the equivalent of binding arbitration.

In legal terms you'd need to make the argument that the programmer abided by the letter of the contract rather than the spirit of the contract. That might well be a reasonable defence in the case of smart contracts, but it'd need to be tested in a court.
Has a contract been signed in any legal sense?
.. and this wasn't even the first time. And this is all by design.
From Intel's perspective, everything went perfectly.