The 4str0n4ut ⚡ on Nostr: North Korea just stole $1.4B in ETH from Bybit. And because ETH is centralized, the ...
North Korea just stole $1.4B in ETH from Bybit. And because ETH is centralized, the Ethereum Foundation now has a dilemma:
1) Rollback the blockchain? That proves they can erase anyone’s ETH at will 🤯
2) Do nothing? That means letting a rogue state control a massive amount of ETH, with the potential to rug pull the entire ecosystem. 😱
Either way, Vitalik & Co. are trapped, stuck between compliance and proving Ethereum isn’t truly decentralized.
This is why you should only hold #Bitcoin–uncensorable, unconfiscable, and truly decentralized.
#OnlyBitcoin
1) Rollback the blockchain? That proves they can erase anyone’s ETH at will 🤯
2) Do nothing? That means letting a rogue state control a massive amount of ETH, with the potential to rug pull the entire ecosystem. 😱
Either way, Vitalik & Co. are trapped, stuck between compliance and proving Ethereum isn’t truly decentralized.
This is why you should only hold #Bitcoin–uncensorable, unconfiscable, and truly decentralized.
#OnlyBitcoin