[52804375092485]

That sounds like all the same problems with defining a "traditional" contract, except now when things go wrong you have to explain what ETH is in civil court, hope the volatility of ETH doesn't make things weird, and also hope your solidity contracts don't include bugs that let people steal your money (or if they do contain bugs, hope you have enough clout to cause a hard fork).

[rficcaglia]

Well I would argue it has all the same goals and steps of a traditional contract, but automated and electronic. Your points are all valid today...but I recall similar points about e-commerce and e-banking circa 1999. I can hardly be considered a blockchain fanboy (I own precisely 1.0 ETH for experimentation only). But I do sense that the problems you mention can and will be solved by someone or several someones with enough time and money since there are real pain points here. Maybe 5 years, or 15. But I think our kids will find this post in the 2020s in their AR equipped Waymo and laugh at how we did things now.

And the lawyers I know personally love to litigate new things in civil court. Like robbing banks, that's where the money is!