Comments on 2018-06-29 No Take Back

In court, we will find some people who have embedding a crime in the blockchain, merkletree, or whatever it is. Then what? Eventually the crime will make it worth it for law enforcement to confiscate your equipment and impose daily fines until you’re done for. Until then, it’s legal uncertainty for all. Thus I claim such a system will never work in practice.

People will use it, and problems will occur, I’m sure. But no big player will want to use it. And if your Mastodon instance is full of hentai then many will block you. I think the legal frame of mind is absolutely the way to see these issues. It can be as powerful as code.

@ckeen dig up this paper: A Quantitative Analysis of the Impact of Arbitrary Blockchain Content on Bitcoin, by Roman Matzutt, Jens Hiller, Martin Henze, Jan Henrik Ziegeldorf, Dirk Müllmann, Oliver Hohlfeld, and Klaus Wehrle.

– Alex Schroeder 2018-07-03 07:07 UTC

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