David Friedman - Dating Markets, Legal Systems, Bitcoin, and Automation
Dwarkesh Podcast
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Reputation and Contracts in a Privacy-Driven World
This chapter explores the future of contracts in a society where privacy and encryption dominate, emphasizing reputational mechanisms for enforcement over traditional legal frameworks. It raises concerns about the implications of such a shift, including the potential for cyber ransom and the reinforcement of honor cultures. The conversation also examines how online and offline reputations affect behavior and accountability within various communities.
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