Bitcoin beatdowns and decentralized dispute resolution

Quick Take

• Scott v. State is a new Nevada Court of Appeals case that shows the potential perils of in-person bitcoin sale transactions with strangers.
• In addition to showing off-ramp risk in off-exchange transactions, the case provides an interesting gloss on the admissibility of machine created statements.
• The Court says that mapping data, because it’s a non-human machine statement, is not “hearsay” and was properly admissible 
• We also talk briefly about the Aragon project, which promises online blockchain dispute resolution but uses an evidence submission process that freely allows admission/use of subjective argumentation and hearsay, all treated as “evidence.”