A case for decentralized law with Kleros / PNK

[Anonymous No.14698085]

PNK seems like it's setting itself up to be one of the best gainers of 2019. Mexico meetings seemed to go well, and it's spread has already begun. Huge South America presence. Imagine a portion of the cartel sinking its teeth into this. Seem unreasonable? Laughable? You'd be silly to think that. In the future hell-scape of a crumbling earth, the jurors will have ultimate power.

Vitalik shilled this as a "true cypherpunk quest" in May. If he was wrong about Link (which went 20x) what do you think a true Ethereum use-case will do at a $2M marketcap? https://twitter.com/VitalikButerin/status/1129380105267089408

Their Twitter is beginning to onboard people in law who are all singularly @'d, case by case. If you think they'd allow this and even promote it if this was in any danger of tanking or going away, you need to go back.

Hinting at JP Morgan AI use-cases. Oracles getting onboarded. Doge / Cat trials should eventually bring a large Dogecoin community on board. Lawyers from around the world hopping in. This, atop being actually utilized, with a community that embraces real projects that have a future. National Association for Court Management (Williamsburg, VA) article by Mark Beer : https://thecourtmanager.org/articles/innovating-justice-will-ai-and-lawtech-deliver-jack-cades-utopia/

I'm not sure what else you want. It is of my strong opinion you should have this in your portfolio, and judging by the chart, floor accumulation time is ending.

https://twitter.com/Kleros_io

https://blog.kleros.io/

[Anonymous No.14698168]

Bought some when I saw this on biz a few days ago. The rabbit hole goes deep. Pic related.

Just read this bizraelis.
https://ftalphaville.ft.com/2016/04/29/2160502/decentralised-courts-and-blockchains/

Imagine thinking one of ETH's golden childs will remain at 2m market cap.

[Anonymous No.14698190]

Lol looks like the litteral who from the chianlink meme

[Anonymous No.14698230]

>>14698085

This is some of the dumbest fucking "tech" I just wasted minutes reading about. Why the fuck would I bid to be on a goddamn jury?

[Anonymous No.14698289]

>>14698230
> he doesn't know about incentives
> he still holds bags of icon and eos

[Anonymous No.14698327]

>>14698190
PNK actually BTFO'd Link and are using something else. It's quite funny.

>>14698230
>he doesn't get it.

>>14698168
Your link is broken, but I know it. Here : https://ftalphaville.ft.com/2016/04/29/2160502/decentralised-courts-and-blockchains/

From Vitalik himself : "To achieve scalability, a multi-stage scheme where only a few randomly selected judges look at each question by default, and are incentivized by the threat of a larger “supreme court” contradicting them, is probably optimal."

----

“…the typical decentralized court use case is relevant to only a few parties and the costs of gathering information are higher (eg. requiring the court to determine the meaning of “reasonable” is entirely expected and will probably happen frequently); hence, to compensate, the fees are higher as well, though in some areas they will clearly be worth it (eg. if the alternative is risking losing 1100 ETH).”

Pistor : "Indeed, from the perspective of Legal Theory of Finance, unbending and unbendable credible commitments may well increase rather than decrease the likelihood and/or severity of a crisis. Addressing this Law-Finance Paradox earlier rather than later by relaxing contractual commitments may prevent a full-scale crisis. This may to some extent undermine the credibility of many innovative instruments – but that might be socially desirable. It makes little sense to lend the coercive powers of the state to instruments if in doing so it transforms them into “weapons of mass destruction”."

mass. destruction.

[Anonymous No.14698555]

>>14698327
this. up to 600,000 PNK. i'll cross 1M EOM. if i don't (i don't like buying 100% above the floor) , well, then game-on.

biz doesn't deserve Kleros. at least vitalik gets it.

[Anonymous No.14698597]

>>14698555
Biz got it too sir. In since a month ago

[Anonymous No.14698740]

>>14698597
Hopefully you're right. We could use extra push once the first big parabola comes. Kleros deserve it. They stuck through this bear, head down, at a 2M cap, and worked their asses off.

[Anonymous No.14699197]

i dont see this

[Anonymous No.14699288]

>>14699197
Don't see what?

[Anonymous No.14699304]

>>14698740
If they lasted through the bear, they certainly won't quit now, especially with all this progress.

Read the blog. If you're not convinced, then you don't know crypto. Period.

[Anonymous No.14699361]

kleros is a no-brainer. just a matter of time.

[Anonymous No.14699568]

>>14699361
This is everyone who doesn't realize it's a no brainier but saw this thread

[Anonymous No.14699750]

Is rsr and pnk a good hold

[Anonymous No.14699972]

>>14699750
RSR is absolute shit that got killed by Libra.

Maybe trade it at most. I'm just regurtinating what has already been said in this thread but if you think blockchain actually has a use case beyond muh international payments and tax evasion, then you have to believe that PNK is a no-brainer.

People have been thinking about decentralized courts since smart contracts were imagined basically. Its next in line for a LINK like singularity, with room for 500x growth to even reach LINK levels.

[RSR No.14700464]

I like Audi, so give me RSR

The peoples choice!

[Anonymous No.14700751]

>>14699972
>Singularity
>LINK levels
>kek
It is cheap as hell right now, I agree.

[Anonymous No.14701282]

>>14699750
Wouldn't touch RSR will all these obvious group shills happening. If you must, short snipes only.

>>14699972
500x might be a bit optimistic, but if growth continues, it should be an amazing grower.

[Anonymous No.14702016]

2$ daily volume