Post
Topic
Board Altcoin Discussion
Re: ETH = Game Over
by
RealBitcoin
on 26/07/2016, 20:34:09 UTC
Lol it's escalating quickly.

I think purism is the way to go, all these "ideas" are like dropping a drop of ink into water, it taints the entire water.

You cant be an idealist optimist but also ignore every single major issue.

This is the problem with ICO's and Founding Entities that aren't anonymous. We saw it with Ripple, Paycoin, ect.. and now we are seeing it with Ethereum.... They are vulnerable to civil and criminal litigation unlike with bitcoin or similar coins that don't have these characteristics.

The price hasn't even fallen that much and lawsuits are already being created. Imagine what will happen as it drops further?

Law suit could also be created against ETC in the future if the Foundation is supported by certain funding.

It's funny because the ETH community should be the ultimate judge here. Why do we need to bring back the old legal system into this?

The ETH nodes and miners are democratically voting, which is the highest authority for cryprocurrency. We should just sit back and see how the community handles ETH vs ETC.

But of course if the Ethereum Foundation which is a legacy entity is subject to the old legal system. That is why we don't need a Bitcoin Foundation.

It's just a big mess.