> YOU CAN WRITE A PROGRAM THAT EVERYONE CAN TRUST TO DO WHAT THE CODE SAYS
Ah yes. Because everyone is an expert in verifying programs written in esoteric programming languages. Oh. It's written by you? Well, of course I can trust what you've written
> It does to financial institutions and many others, what Web1 did to publishing.
That's not how it works. But I'm sure you'd be defending paper ballots for voting forever as well. You're used to whatever works now, and I'd say that's like Luddites (except the Luddites were actually reacting to the economics of industrialization, meaning the machines were actually replacing the human labor).
Look around you, in the last 100 years we got the ability to print and copy our own documents, to send emails and to write on forums, to use VOIP encrypted end to end, all without the permission of the government. It's based on open protocols that route around friction. Is it so far fetched that autonomous networks technology can also help obviate the need to trust intermediaries like we trusted the Post Office, the Newspaper Printers, Ma Bell and so forth? Really?
Ah yes. Because everyone is an expert in verifying programs written in esoteric programming languages. Oh. It's written by you? Well, of course I can trust what you've written
> It does to financial institutions and many others, what Web1 did to publishing.
It doesn't.
Case in point: enforcement of contracts.