🏛️ [Analysis] Against Szabo’s law, for a new crypto legal system - Vlad Zamfir

In crypto, legal systems are protocols for management dispute. Today, there are three major ones: never break the protocol, keep the protocol legal, and Szabo's law. Szabo's law argues for limiting governance of blockchains to technical fixes only so as to decrease liabilities. In other words, a blockchain administrator could face legal consequences for every poor governance decisions, so automate decisions until you cannot. Vlad Zamfir, an Ethereum ($ETH) developer, argues for abandonment of Szabo's law on grounds of impracticality and shortsightedness. To Zamfir, limiting governance to technical issues only is a snake eating its own tail: demanding existing legal systems to adapt to crypto legal systems only invites legal action, not eschews it. Szabo's law, furthermore, lacks imagination. New legal systems can and should develop as crypto grows. New disputes and problems will arise that Szabo's law cannot foresee nor handle: the legal systems must be allowed to evolve as the market does.