@lessig #DejaVu all over Again #Codeisthelaw from #Internet 2 #Blockchain thinkingloop #BlockchainSYD thanks @yaoeo pic.twitter.com/KHPg7kenKR
#BlockchainSYD @lessig keynote on “It’s deja vu all over again: thinking through law and code, again”- #BlockchainSYD @lessig: 4 modalities that constrain our actions: (1) Law, (2) Social Norms, (3) Market, (4) Architecture
- #BlockchainSYD @lessig: Law can regulate individuals directly, or it can affect the things that it regulates to indirectly regulate them.
- #BlockchainSYD @lessig: Architecture has (policy) consequences on what the law can or cannot do.
- #BlockchainSYD @lessig: Internet constructed as an architecture of freedom; but it could (would) also become an architecture of control.
- #BlockchainSYD @lessig: Biz & Gov's cooperated to turn the Internet into an architecture of control, to regulate the cyberspace
- #BlockchainSYD @lessig: the core architecture of the Net was compromised as biz/gov decided to cooperate to make it more regulable
- #BlockchainSYD @lessig: How to avoid the mistake we made 20 years ago at the birth of the Internet, with obliviousness of how law will react
- #BlockchainSYD @lessig: Governance gap between the behavior of individuals and the ability of the government to regulate their behaviors
- #BlockchainSYD @lessig: The blockchain is an architecture, too. A p2p infrastructure that affects the "regulability" of individual actions.
- #BlockchainSYD @lessig: The blockchain is an architecture of freedom, initially. But the law is not going away, it will try to regulate it.
@lessig believe Blockchain is biggest innovation since Internet.. but the law is not going away.. #BlockchainSYD pic.twitter.com/MciQyV41mL- #BlockchainSYD @lessig: What the world needs now is (1) law understanding code, and (2) code understanding law.
- #BlockchainSYD @lessig: Blockchain provides radical "efficiency" —it is a tool benefiting the poor, i.e. those without any trust to give.
- #BlockchainSYD @lessig: Imperfections in the law are not all imperfect; escaping from the law is (almost) futile, and often just wrong.
- #BlockchainSYD @lessig: Escaping law is (almost) futile; there is always law, even the blockchain space is surrounded by many bodies of law
- #BlockchainSYD @lessig: In order to defend (what it considers to be) its money, the State will do anything.
- #BlockchainSYD @lessig: Blockchain exists in the infrastructure of the law and will depend on it and will need to interact with it
- #BlockchainSYD @lessig: The State is often a implicit party to a contract, because it will jump in to enforce a contractual relationship
- #BlockchainSYD @lessig: State has the power to decide whether a contract is a good contract, that must be enforced against the other party
- #BlockchainSYD @lessig: Sovereignty is the ability of the court to decide on whether or not to enforce a legal contract
- #BlockchainSYD @lessig: Smart contracts do not require trust, but self-execution removes the State's ability to approve/veto these contracts
- Address
Storify Inc.
149 9th St., Suite 404
San Francisco, CA 94103 - Email: info@storify.com
- Twitter: http://twitter.com/Storify
- Facebook: http://facebook.com/Storify