Re:The Blockchain Bubble Will Pop, What Next?
by Nursie on Monday July 30, 2018 @01:24PM
(#17646201)
> I think the iron answer from a judge
The judge has some flexibility in how exactly to apply the law, which an algorithm does not.
> less flexible than the possibility to start a democratic petition against a scandalous oversight in the formalized law...
You can already do such, should you wish.
> By formalizing we would start a discussion on how exactly to formalize mitigating circumstances.
I don't believe we can capture all of these, nor should we try to have an exhaustive list. Such a list would likely need frequent modification as societal mores change. Better to have humans involved in the process than trying to apply to fix it afterwards.
I'm, personally, not convinced any of this is crying out for a blockchain either, even if we were to grant that automation would be a positive.
The judge has some flexibility in how exactly to apply the law, which an algorithm does not.
> less flexible than the possibility to start a democratic petition against a scandalous oversight in the formalized law...
You can already do such, should you wish.
> By formalizing we would start a discussion on how exactly to formalize mitigating circumstances.
I don't believe we can capture all of these, nor should we try to have an exhaustive list. Such a list would likely need frequent modification as societal mores change. Better to have humans involved in the process than trying to apply to fix it afterwards.
I'm, personally, not convinced any of this is crying out for a blockchain either, even if we were to grant that automation would be a positive.