People who keep touting smart contracts as "simplifying contracts" don't understand that litigating contracts is expensive because of human interpretation, not because someone forgot to write something down and get it notarized
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The only place in the law that could use blockchain technology is land records, and even that doesn't make all that much sense given that what you really need is a *centralized* database, not a decentralized network.
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Blockchain is an elaborate work-around for a *very specific problem*: verifying irreversible transfers of value without a centralized authority. In other words, it's a computationally burdensome way to hate the government.
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Almost everything that is supposedly going to get solved with blockchain can be solved with some kind of version control hosted on a central server.
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You are underestimating having a public R/W API. As long as the data is silosed/centralized a lot of value is going to be lost as it's unfeasible to account for every use case. But somewhere there's someone who could do so much with that.
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