Yes, running transactions for asymmetric benefit allowed by code on a platform underpinned by a technology whose proponents espouse "code is law" is at all comparable to a man picking a lock on a bank safe. Very astute.
In this case the only person espousing the idea of "code is law" is the hacker. Neither the blockchain's builders, nor the hacked protocol, nor the users are saying that.
"code is law" is a meme that primarily lives on hacker news. Only a tiny fraction of crypto people believe it or say it.
> In April 2016, in Switzerland, the Slock.it team was introducing their ambitious plan: The DAO, a decentralized investment fund governed entirely by code. "Imagine a fund with no board, no CEO," founder Christoph Jentzsch explained, "all decisions are made by token holders through smart contract-based voting. This is the ultimate realization of 'Code is Law'."
"code is law" is a meme that primarily lives on hacker news. Only a tiny fraction of crypto people believe it or say it.