cryptocoins are not a good investment, because any dev/creator of a coin,
can suddenly just say they were hacked, and the price of the coins
can suffer alot, which also means that investors lose alot of money too.
And dev gets away with all the money, and isn't held accountable to reimburse any of the investors?
People seem to take it for granted, that if a dev says he was hacked, then the
dev is not responsible for the losses of investors.
We would have to have laws to protect investors or buyers of the coin, and devs would have
to reimburse anyone for their losses.
We cant jut let devs get away with this. but if people are going to let devs get away with this,
then cryptocoins are not good investments then.
investors need protection from devs who say ' I was hacked ' as a way out of problems for the dev, or
maybe they were hacked. who knows, we dont really know if they truly were hacked or not.
But they can just say that any time.
But, how about, rather than force the losses onto investors, how about if we make laws that forces the losses onto the dev who says that? (then they wouldn't say that, huh )
isn't it, in fact, some kind of fault, or failure of the dev's if the dev gets hacked? Of course it is the devs fault and failure, but why should investors have to pay for the faults and failures of devs?