Abstract
The functioning of cryptocurrencies like Bitcoin ultimately depends on participants’ agreements to selectively disclose or conceal information. Various arguments suggest that those agreements amount to a large multilateral contract to which all participants are parties. That multilateral agreement is automatically enforced through smart contract technology. Therefore, cryptocurrency ‘wallet holders’ are simultaneously creditors and debtors of smart contract claims vis-à-vis their cryptocurrency community.
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Simon Geiregat, Cryptocurrencies are (smart) contracts, Computer Law and Security Review. Available online 30 June 2018. In Press, Corrected Proof.
First posted 2018-07-07 09:36:03
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