kaal:claim:5554218-005

Posting cryptocurrency to escrow like smart contracts is often uneconomic compared with traditional financial instruments, and this inefficiency undermines the practical utility of smart contracts as a vehicle for consideration, especially in high value or long term agreements.

posting cryptocurrency to escrow-like smart contracts is often uneconomic compared to traditional financial instruments.10 This inefficiency challenges the practical utility of smart contracts as a vehicle for consideration, particularly in high-value or long-term agreements.

Furrer Andreas, Wulf A. Kaal, Universal Digital Law Codex (UDLC) Building the Legal Infrastructure for the Digital Era (2025), 2.1.2 Consideration and Economic Viability, p. 7
https://ssrn.com/abstract=5554218 · source PDF

Furrer Andreas, Wulf A. Kaal, Universal Digital Law Codex (UDLC) Building the Legal Infrastructure for the Digital Era (2025). SSRN: https://ssrn.com/abstract=5554218

• high value agreements
• long term agreements
• escrow style locking of crypto collateral

failuresupport: arguedfailure: Time value of money defeats escrow considerationfamily: adoption-and-usability-barriersmart-contractslaw-and-legal-systems

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