>This gives the dispute resolution terms standing in a court of law and demonstrates the extent to which the community has consented to a common set of values. Failure to agree on values should be a red-flag.

This should be avoided. Sure it would work as a last restore but I think we should do everything we possibly can to not rely on traditional institutions. Why use the blockchain if ultimately if something goes wrong everyone is going to run right back to the familiar system? I think we have to come up with our own systems of governance, dispute resolution, and a digital equivalent of a constitution for the digital age, which may not actually resemble what we currently call a constitution but would serve a similar function.

I take these stances because what attracts me to the blockchain is that we can do these functions better than can be done by traditional means. If we rely on traditional means then it invalidates the use case of the blockchain itself to improve on traditional means.