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by jeremyjh 2 days ago
There is little room for a property or money transfer system that leaves no avenue for legal recourse. And the DAO fork made it crystal clear why it was always just window dressing on the same social consensus game.
1 comments

Sure there is, it's the one for people who are trying to avoid unjust legal recourse.
I said little room, not no room. For most entities using crypto where legal recourse is a more realistic threat model than scammers/hackers it isn't the unjust kind they are so worried about.
If you're selling shoes you have little legal threat. If you're doing anything unusual, you need protection from the government because the government hates anything out of the norm unless you bribe it.