Tuesday, August 18, 2015

[LINK] Block-Chain Transactions and Contract Law

In my essay On Technological Unemployment, I talked about how the coming age of automation will strike at all jobs, high-skilled and low-skilled. I didn't give many specifics in that essay, but this article by Quartz is a perfect example of what I was talking about.

I honestly hadn't considered the application of the cryptocurrency in this context, but that is precisely what is so terrifying and exhilarating about the many possibilities that lay before us. The applications far exceed even the initial thoughts of the wildest dreamers.

If contract law isn't safe from being taken out of human hands, what is?

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