Agree with 1/, disagree with 2 and i have a different point of view on th 3rd point.
A lawyer can review a contract, miss a loophole/backdoor, and then argue to the court that the backdoor was placed there in bad faith, recoup his client losses. You can't do that with code. If you load a backdored code, you can't argue "this is unfair" to a court of justice.
On the 3rd point, i think "good" crypto (and by that i mean non-obvious shitcoins) tend to centralize a lot.
A lawyer can review a contract, miss a loophole/backdoor, and then argue to the court that the backdoor was placed there in bad faith, recoup his client losses. You can't do that with code. If you load a backdored code, you can't argue "this is unfair" to a court of justice.
On the 3rd point, i think "good" crypto (and by that i mean non-obvious shitcoins) tend to centralize a lot.