"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Code as Law: How Bitcoin Could Decentralize the Courtroom
"This concept could decentralize trust when it comes to legal contracts and dispute resolution. A cryptographic contract will execute exactly as it is written, and if the attorney or contract writer doesn’t properly explain the terms, they could be sued or risk a sullied reputation. While the current court system relies on trusting the opinions of sometimes imperfect judges enforcing potentially discriminatory laws, smart contracts are unambiguous. They are enforced by cryptographic algorithms. The rules of the game are determined before the contract executes, rather than at the foot of a judge's podium."
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