this post was submitted on 16 May 2024
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No one ever said ATM-code is law. Ethereum code is supposed to be. Code is law is one of their slogans.
Everything that a blockchain does could be handled by a single office computer. The whole reason for the huge, expensive over-head is to put crypto beyond the law. Stuff like this exposes the whole, huge waste of human effort.
It isn't above law.
Code is the law of the blockchain, his transaction wasn't reverted, he got caught irl. It's like saying constitution isn't law because laws of physics don't prevent murder.