The context is completely different though. Building a normal computer app is not an attempt to do anything without government or legal structures so it makes sense that normal computer apps would be protected by government or legal structures.
It doesn't really make sense for people to build smart contracts that are intended to be an extra-judical agreement where the code enforces the rules and then run to government whenever something they don't like happens. What is the purpose of smart contracts at all if you still need the entire legal apparatus around them?
What does agreeing to a contract that inherently implies trying to work around the need for government in contracts means? What does it say about intent?
If for example, the firm that lost money had been saying "Code is Law" in their previous pro-crypto statements and had explicitly talked about smart contracts being extra-judical it seeems there intent would be to avoid legal intervention entirely and it would require a fairly high bar to argue that any bug could result in a lawsuit.
It doesn't really make sense for people to build smart contracts that are intended to be an extra-judical agreement where the code enforces the rules and then run to government whenever something they don't like happens. What is the purpose of smart contracts at all if you still need the entire legal apparatus around them?
What does agreeing to a contract that inherently implies trying to work around the need for government in contracts means? What does it say about intent?
If for example, the firm that lost money had been saying "Code is Law" in their previous pro-crypto statements and had explicitly talked about smart contracts being extra-judical it seeems there intent would be to avoid legal intervention entirely and it would require a fairly high bar to argue that any bug could result in a lawsuit.