dagFeb 7, 2023

Fascinating Court of Appeal decision on whether Bitcoin developers can owe a fiduciary duty to owners of the currency.

Real legal first principles stuff from very science/technology-literate judge, applying those first principles in a new area

Court holds such a duty can, in principle, exist.

Would love to hear from those with more sector expertise as to what you think of the judgment.

https://www.bailii.org/ew/cases/EWCA/Civ/2023/83.html

Tulip Trading Limited (A Seychelles Company) v Bitcoin Association For BSV & Ors [2023] EWCA Civ 83 (03 February 2023)

Show threadDaniel AJ SokolovFeb 7, 2023
@davidallengreen Calling @nikolausf
Show threadNikolaus ForgóFeb 8, 2023
@newstik @davidallengreen
Inddeed, very interesting, I like in particular the demytification of Blockchain being a decentralised infrastructure. And this reads a little like an introduction into Roman law :-)
Show threadDaniel AJ SokolovFeb 9, 2023

@nikolausf @davidallengreen Which is surprising for a common law jurisdiction.

(Living in a common law jurisdiction, I really miss basic Roman law/civil law concepts like ususfructus and encumbrances on real estate prohibiting sales etc. That way, common law is restrictive and complicated, full of poorly hatched out concepts.)

Show threadDaniel AJ Sokolov
@nikolausf @davidallengreen What is "Belastungs- und Veräußerungsverbot" in English anyway?
Feb 9, 2023 at 12:25amWeb