Interesting concept - but I'm a bit concerned about it, because it is a project by "
BitNation". Their entire purpose appears to be setting up a (voluntary) electronic global ID system ("World Citizenship ID"), and even credit cards based on bitcoin. All contracts would be linked electronically to their "world citizenship ID".
Marriage has been specifically chosen as a first type of contract to promote because:
All of this can happen with relative ease because marriage seems non threatening, has a warm and fuzzy feeling that will both attract users, and provides a stealthy way to promote p2p jurisdictions.
So this is their admittedly stealthy way to introduce and normalise a far larger system. And that larger system is fundamentally a global governmental system with both electronic identification and integrated financial transactions. Sounds a lot like the end-times mark of the beast.
Now this system won't be the mark, because it is voluntary and geeky so would never become popular enough, it's just a testing ground. It is a proof-of-concept, and the lessons learnt from it will inform the actual nonvoluntary global system that is introduced eventually.
I wouldn't be helping them out with it.
Anyway, this just substitutes the local government to oversee marriages with a global government to oversee marriage contracts, which is worse than what we have now, even if more flexible in the details. Why can't we just have contracts between individuals, on paper or even verbally? That's the traditional and far more sensible option. This proposal is using a bulldozer to shift a pebble, simply because the people promoting the idea want people to accept the bulldozer, because they have much bigger plans for the bulldozer.