I would like to see regular puts and calls instead of binary options, the latter is ill-suited for hedging and really just a speculative instrument.
Satoshi Nakamoto created the world's most powerful cryptocurrency and nobody knows anything about that person or group, remember.
That said, this is one of those "holy shit" moments for me. Once a DAC is running, there isn't a damn thing a government can do about it.
Or even its creator. It's like a creature let loose in the wild, or a virus with a checkbook. The mind reels at the possibilities.
Regular puts and calls have a potentially unlimited payout which means the seller would have to put up some serious collateral and/or hedge their exposure. If nothing else, I'd figure that would add some complexity and/or counterparty risk.
I'm not well versed in these matters, so perhaps you could enlighten me.
And also, what if someone publish the code of someone else, who is responsible then ?