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A comment on You Do Not Need Blockchain: Popular Use Cases and Why They Do Not Work. Parent comment

Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by Mirioron on Friday February 22, 2019 @10:25PM (#19231395)
>But that's where small-claims court comes in. It mostly only costs you your time, you aren't really allowed to bring in a lawyer to argue on your behalf, etc. etc.

This is such a US-centric answer it hurts. Small claims court doesn't mean anything when the other entity isn't even in your country. If you and I make a contract and you flake on it then I have no reasonable legal recourse because an international lawsuit is way too expensive for me.

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Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by dragontamer on Sunday February 24, 2019 @11:37AM (#19239222)
> If you and I make a contract and you flake on it then I have no reasonable legal recourse because an international lawsuit is way too expensive for me.

Okay. And if the same is said about a smart contract, like The DAO, what happens?

https://medium.com/@MyPaoG/explaining-the-dao-exploit-for-be...

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