Only two kinds of financial governance are known to socially scale: 1. traditional financial industry governance, with its lawyers, accountants, etc. 2. public blockchains with a strong trust-minimization ethos. Other forms of blockchain governance will fail or evolve towards #1.
-
Or the late Roman Republic's "moral economy" among stoics?pic.twitter.com/6SLEzhtUs2
A Roman loan was legally enforceable as a contract https://en.wikipedia.org/wiki/Stipulatio and this could involve lawyers https://en.wikipedia.org/wiki/History_of_the_legal_profession#Ancient …
-
-
Stipulatio, being an oral agreement, still depends on the parties not to lie (and the contracting parties generally did not lie about the contract due to common religious beliefs) http://digitalcommons.law.uga.edu/fac_artchop/496/ …https://elaineou.com/2016/06/17/the-evolution-of-private-loan-agreements/ …
- 1 more reply
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.