Why do people think cyberspace is not the real world?
I think smart-contracts as envisioned by early cypherpunks where meant to run in a world where Governments are obsolete, they won't work well in our current society.
> I think smart-contracts as envisioned by early cypherpunks where meant to run in a world where Governments are obsolete
"Governments" have existed in some form since the beginning of the species (families and tribal structures, etc.) and pretending that some piece of technology may make them "obsolete" belies a very simple understanding of human nature.