3min chapter

The Blockchain Socialist cover image

OTNS: Maximum Freedom in Complex Social Organizations

The Blockchain Socialist

CHAPTER

The Importance of Contract Law

"I don't find particularly interesting discussions believing that somehow all of these kind of canonical forms of law governing human behavior will magically go away in a group of a hundred thousand people," he says. "There's something really really important lurking within contracts which is i'm better off by being able to tie my hands in a commitment today and if i can exit voluntarily in the future no one in their right mind would commit to a costly intertemporal exchange of human value with me" He argues public governance systems accrete without discarding while constitutions are much better at articulating new rules.

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