Quote from: toknormal on June 19, 2016, 08:54:44 AM

P.S. In crypto, there are no "rightful owners".

Contrary to the banking credit world where posession and ownership are distinct, in crypto, ownership is unambiguously defined by possession. That is a cardinal quality of the blockchain that asserts its role as "bearer instrument".

If the mining community acts to disaffirm this principle - albeit in a meta currency layer - it will create an ambiguity that will haunt Ethereum for the rest of its existence IMO.

The lesson to be learned here is that Ethereum blockchain and Ethereum (Solidity) applications are distinct entities with distinct levels of reliability. If I write a piece of code in solidity (say to develop a coin) and I f*ck it up and loose my investors money does that mean I can get the Ethereum foundation to do a rollback and cover my a*ss ?

If not, why not ?

Miners are there to protect the integrity of the monetary system. If the thief cannot be caught in the real life, then we have to take back our money with a fork.