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by bpforster24 2951 days ago
Censorship resistance is a big factor - since no one entity controls the Ethereum blockchain or smart contracts that have been deployed to Ethereum, there is no way to shut down the service. This paves the way to a single global capital market that is much more inclusive and efficient than the haphazard and heavily intermediated capital markets we have today.
1 comments

It absolutely is not censorship resistant. It is 100% mob rule. Smart contracts are complete horseshit and this one will be no different. See also: the DAO. Can’t work and never will.