Ethereum - Code is law until a large enough group needs a bailout.
Correct me if I am wrong but didn't Satoshi Nakamoto invent bitcoin because banks were getting a bail outs? Nah that was just the article he mentioned in the genesis block.
The problem with our current laws is they are interpreted by humans who decide the meaning and can change the meaning or just outright ignore them.
Example:
**State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; **
The above law could be interpreted as excluding the federal government or just ignored. The consequences of the bypass the law resulted in average people suffering financial repression as they are unable to just save without gambling on investments or speculation.
I look forward to our new monetary paradigm where savers are rewarded and debtors are punished, only binding code can make that happen and it has with bitcoin.
Just my 2 Sats worth.
RE: Code is Law and Old Testament Gods