Hi, i’m trying to understand the deeper implications of this “code is law” philosophy… I appreciate the approach Cardano is taking to make the most secure system possible, and I think this is the right way forward. I’ve also skimmed a few articles about the DOA hack and the Etherium / Etherium classic split.
Now, I can’t help think 10-20 years into the future what the consequences of this “code is law” approach may be. For example, it seems a little arrogant to assume we (any humans) can build perfect un-hackable systems. So lets assume Cardano is a huge success, 90% of the global financial system is running on Cardano, almost every person on the planet has a Deadalus wallet, and then some new super intelligent quantum computing A.I. monster crawls out of Zuckerberg’s basement and finds an exploit in the system, and starts controlling all the worlds wealth.
Do we just stand by and watch, and say “code is law, so I guess this machine owns the world now.”
At what point in this story does the community (of humans) get to vote on the idea of “code is law”
Can someone summarize why this can’t/won’t happen with the Cardano approach?