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64 sats \ 1 reply \ @south_korea_ln 16 Apr \ on: Stacker Saloon
what else would it be? treating these defi platforms as if they are normal financial instruments misses the point. if you cant make a robust protocol then your money should be taken by some 18 year old math prodigy, and they deserve it. if you wanted regular finance protected by the law, buy on a stock exchange. if you actually want to defi you should formally prove that your system works the way you think, otherwise you will reap what you sew. this is why ethereum should die a painful death, none of those idiots could even begin to program a secure defi system
A friend when talking responding tu another friend asking if "code is law" when sharing this article: https://www.theglobeandmail.com/business/economy/article-math-prodigy-cryptocurrency-enforcement-united-states/
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50 sats \ 0 replies \ @Undisciplined 16 Apr
If the code is written by the owner, in such a way that the resources are obtainable, it is a little odd that the onus is on someone else to assume the owner intended the code to do something other than what it does.
I haven't given this much thought, but you're reminding me of something one of my professors liked to say when we were having trouble programming: "Computers do exactly what you tell them to do, but not often what you want."
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