That decision process would lead to different people coming up with different results. For example, it's not possible for me to look for a clause in your contract with a third party. I don't even having any way of knowing if the contract you might show me is the one that applied to a cryptocurrency transaction. So if you claim that your cryptocurrency was stolen in that transaction, and your favored court agrees it has jurisdiction and concurs, I still have no way of verifying any of that.
Your decision process might work for you, but it's not meaningful for establishing consensus in a cryptocurrency.