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Code is not law. Code will never be law. No one is going to pay attention to records in a database that say something different from what everyone wants it to say. Despite this, blockchains are an incredibly powerful platform for social and economic software. They help people come to consensus on what those records in a database should say with very little effort, and bug-tolerant systems will be built that take advantage of this power to make trade easier without monopoly middlemen.



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