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48: Web3 & Human Dynamics with Shermin Voshmgir

Edgy Ideas

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Is It a Good Idea to Create a Smart Contract?

I think smart contracts should follow or it should go hand in hand with the legal principles that we've developed over the years. Like the algorithmic governance, it's like the computational constitution of our decentralized networks. It's written in code, in machine code that self-reforce us rather than on paper like in legal speak. And this is something that cannot be outsourced to computers. Otherwise we follow the letter of the law rather than the spirit of the law.

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