[antisthenes]

Exactly.

Law isn't law unless it's been enforced through courts, precedent and ultimately someone with authority to use force to force compliance.

[twox2]

In other words, "code is law" only if it complies within the existing framework of our laws. IMO, this still leaves a lot of room for creative applications of smart contracts.

[knorker]

Could be. But then any smart contract system needs to acknowledge this overarching law, and give it "super user access", if you will.

And these systems could exist. But they are not the systems that are being designed. They are in fact antithetical to the stated goals of all of these cryptocurrencies and smart contract systems.