That's a good article, and the point about him reading a lot of DFW is hilarious and accurate.

But I think of this issue in slightly different terms that are more simple.

There's a ton of case law about what constitutes a contract that pretty much all countries have. Clearly understanding the contract you are getting into is a prerequisite for the contract being enforceable in most places.

The simple fact is that this is never going to hold up in court when people start suing.

No one gets into a contract with the understanding that they can be robbed, and that's just okay. No rational person would do that. And I think it's a fair case to say that no rational person did clearly understand the contract as presented and agree to it.

The courts are going to to shut this down, in my opinion.

You can't just write into a contract that you might get stolen from or murdered or whatever bad thing and then that bad thing is suddenly okay.

"Okay, this guy didn't read the fine print on that used car loan. Let's go rape his wife and kids now. He said it was okay!"

That's not how it works. Etherium deserves to get hammered for this.

That dude's read a lot of DFW.

There's a little bit more information here [1].

[1] https://www.reddit.com/r/badeconomics/comments/6cnzs8/matt_l...

Excuse my ignorance, but what is DFW?

Not positive, but guessing David Foster Wallace

What makes you say that?

Great article!