On a shortcoming of neocameral terminologyhttp://tonreihe.tumblr.com/post/153616158905/on-a-shortcoming-of-neocameral-terminology …
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But the fact that there is title in property shows that possession is insufficient to establish a right to it.
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A right to property involves both possession and evidence of having come by possession in a regular way.
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Analogously, it is not sufficient for a sovcorp that the investors have possession of the state.
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They must have come by possession in a regularized way. In other words, the possession must be legitimate.
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even the experts in the technologies don't yet have a full grasp of the implications (hence the Etherium comedy)
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True. On the other hand, some consequences of relying on automation are clear: https://en.wikipedia.org/wiki/Air_France_Flight_447 …
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well that's automation with a manual override. Automation without override is a different beast entirely.
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risks not well understood, but obviously huge. DAO thread:https://twitter.com/anomalyuk/status/743734461414551552 …
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though off the top of my head I can't recall or imagine how dividends are guaranteed to be distributed correctly.
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I guess that comes under minority shareholder rights which may be a weak point as noted http://anomalyuk.blogspot.co.uk/2016/09/checked-power.html …
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