splits

We wrote a manifesto.

"Code is law" is not a dead meme from several cycles ago — it's actually crypto's greatest strength. In fact, code is *better* than law.

We wrote a manifesto.

"Code is law" is not a dead meme from several cycles ago — it's actually crypto's greatest strength. In fact, code is *better* than law.

https://splits.org/blog/unbreakable-agreements/

internet rabbit • comms @ /splits • https://www.sonyasupposedly.com/

in other words, I think it's a developmental phase the industry has to work through

I look at it like early Wall Street. was also beset by scams and people lost their life savings, destabilized the nation and the world (Great Depression). but after a couple generations + development of a governance framework, it was the greatest engine for middle class wealth that the world had ever seen

To play devil's advocate, on the part around crypto accelerating trust, why is it that we have the amount of grift and scams that proliferate the industry?

I think there's a disconnect here from the builders to how normies receive all the exploits, rugs, scams, etc. highlighted in msm

“We envision a world in which both individuals and businesses have access to truly global payments, where makers and artists can rely on unbreakable agreements encoded in smart contracts.”

This part too.

"In this paradigm, "signing a contract" means executing the agreement, not merely pledging to do so. The ability to renege is removed."

can't wait for this to be implemented in real world governance, we are still so early

once again, the @splits newsletters are amongst the best in the space

enjoyed reading this, thanks for sharing!

great post and reminder of why we are here

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