Cryptocurrencies: 3126 / Markets: 22439 Market Cap: 24h Vol:
2020-02-18 16:50:11

Bitcoin beatdowns and decentralized dispute resolution

Quick TakeScott v. State is a new Nevada Court of Appeals case that shows the potential perils of in-person bitcoin sale transactions with strangers.In addition to showing off-ramp risk in off-exchange transactions, the case provides an interesting gloss on the admissibility of machine created statements.The Court says that mapping data, because it’s a non-human machine statement, is not “hearsay” and was properly admissible We also talk briefly about the Aragon project, which promises online blockchain dispute resolution but uses an evidence submission process that freely allows admission/use of subjective argumentation and hearsay, all treated as “evidence.”

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