| > but I do think that will probably come eventually. For it to "come eventually" you need to answer all these questions that you ignore or swat aside as irrelevant, or easily solvable by magic. > As soon as that happens, then you can have rules and regulations drafted around all these tertiary concerns including IP rights and complex ownership rights No. These things have to be solved first. because complex ownership rights exist today, and not in some fantastical future after blockchain has been implemented at scale. > potentially some of those codified in on-chain contracts "On-chain contracts" of course make zero sense even for the most trivial of cases. Much less the complex ones. Because what you propose is replicating human-readable texts with programs in esoteric programming languages that get routinely "hacked" because even multiple audits cannot find vulnerabilities in them. And for what? > Putting property deeds in an NFT on a blockchain does not solve all problems that arise with property ownership, but it could improve the record keeping process in some areas. It "may improve record keeping" but produce an insane amount of complexity, inane and insane workarounds, friction and problems everywhere else. So, will not be implemented until those issues are solved. |