
Ep 42: Antoinette Schoar on Decentralized Finance & Crypto
Brave New World -- hosted by Vasant Dhar
How to Get Compensation in Cryptocurrency Contracts?
In the normal world of contracts that we have, if that was the case, right? What you could do is, you know, if you saw that you made a... Right, you had to make a difference, right? You can sue me. The problem is that in crypto, you can't do this because number one, you can never stop the contract. And so actually, these smart contracts open the door for especially unsophisticated people, always being on the losing end of many of these issues, right?
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