Code As Law Has Implications For Crypto As Adoption Accelerates
Code as law has proponents, but is proving difficult to implement
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A recent documentary, Code is Law, currently available on AppleTV+, Amazon Prime Video, and YouTube Movies, examines an issue and topic that is going to become increasingly important to investors and crypto advocates as institutional adoption increases. The two hacks covered in the documentary are the Ethereum DAO hack, where the first DA to gain traction while raising $160 million, suffered a severe hack. The second hacking incident covered in the documentary is the attack on Indexed Finance, with the perpetrator behind the incident – Andean Medjedovic – being framed as a symbol for the code is law movement mixed with a dash of anarchist mindset highlighted…
