Re:I, Token: The untold story of the hole in Bitcoin's heart
by jrm4 on Sunday August 01, 2021 @01:39PM
(#28028258)
Yet, right?
That brings up a really interesting notion, no? Couldn't be done with bitcoin, but one might imagine one of these more centralized alt-currencies doing something like that. Somebody gets openly and obviously screwed on Binance and Joe Binance reviews/audits, and says, yep, and issues them some Binance coins*
*I know Binance does have it's own coin (coins?), I have no idea if it's technically possible with it/them, this is purely hypothetical.
... but worth noting: I'm not talking about recovery (which is a matter of law that could take weeks or years). I mean replacement: making the victim whole with new cash while the law addresses the theft itself. I am unaware of any process or institution in the Bitcoin space that can do that.