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A comment on Trust: the inside story of the rise and fall of Ethereum. Parent comment

Re:Trust: the inside story of the rise and fall of Ethereum by jbmorgado on Thursday February 16, 2017 @07:00AM (#13659200)
I would be hard pressed to find any democratic government that passed retro-active laws.

It's a pillar of modern democracies that the effects of some law, can only be applied to future events not to past ones.

What ETH did, was create new laws and then proceed to apply them to previous actions. Very untrustworthy indeed.

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Re:Trust: the inside story of the rise and fall of Ethereum by drcode on Thursday February 16, 2017 @07:45AM (#13659452)
Democracies do this all the time, like for slave emancipation, eminent domain, redistricting, etc.
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Re:Trust: the inside story of the rise and fall of Ethereum by jbmorgado on Thursday February 16, 2017 @08:22AM (#13659658)
No, that's not like that at all. In the examples you made, you are giving people MORE rights from THAT point onwards.

In the ETH case, you are creating a law to REVERT a previous deal. Democracies don't do that.

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