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by motohagiography
1484 days ago
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Their complaint hinges on an interpretation of what the correct level of abstraction for describing the transactions is. Their argument, "to mislead token holders to part with tokens on terms they never would have agreed to," is literally a counterfactual that presumes both fictional market conditions as well as intentions of anonymous owners. The second argument is an analogy, "disable a security measure, like disabling the security system at a bank," and the limit expressed in the code was definitely an expressed preference by the contract author, but if they wanted it to be a legal contract subject to human interpretation, they would have specified this in English. Instead, they created a software tool, and they did not take into account how that tool might be used by the public. The argument about this is whether code written for the express purpose of partipating in risky transactions can be imbued with any other coherent intention. The closest analogy would be that Medjedovic was at their gambling table and was counting cards, except there was no policy keeping him out of there, or against card counting. |
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