trey on Nostr: I don’t get the bitcoiners dunking on this eth bybit hack and saying role back the ...
I don’t get the bitcoiners dunking on this eth bybit hack and saying role back the chain or fund terrorism
What would these people say if the hack was stolen bitcoin instead? Like I get it, they’re trying to dunk on eth as a centralized risk and that the chain can be rolled back.
It perpetuates the narrative people already have that the technology is the problem and enables bad actors. Rather than the reality that the technology is a neutral tool in that it can be used for good and for bad in terms of currency/value exchange. If it were Bitcoin, people would say “see they’re using this for bad things devs do something!” And they can’t really, except for onchain analytics
Just like criminals and authoritarians have leveraged USD for horrific things, they’re going to leverage bitcoins and crypto too. Better police work is the way, not eliminating privacy or technology for everyone.
What would these people say if the hack was stolen bitcoin instead? Like I get it, they’re trying to dunk on eth as a centralized risk and that the chain can be rolled back.
It perpetuates the narrative people already have that the technology is the problem and enables bad actors. Rather than the reality that the technology is a neutral tool in that it can be used for good and for bad in terms of currency/value exchange. If it were Bitcoin, people would say “see they’re using this for bad things devs do something!” And they can’t really, except for onchain analytics
Just like criminals and authoritarians have leveraged USD for horrific things, they’re going to leverage bitcoins and crypto too. Better police work is the way, not eliminating privacy or technology for everyone.