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A comment on Did I just lose half a million dollars?. Parent comment

Re:Did I just lose half a million dollars? by beefield on Sunday January 30, 2022 @11:32AM (#30138541)
But of course they can - if they are the right persons, that is. (See DAO hack. Of course, that did defeat the whole purpose of smart contracts but nobody was willing to notice.)
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Re:Did I just lose half a million dollars? by Sebb767 on Sunday January 30, 2022 @01:15PM (#30139552)
> See DAO hack. Of course, that did defeat the whole purpose of smart contracts but nobody was willing to notice

Of course a lot of people noticed. The problem is that cryptocurrencies are currently primarily functioning as investment object rather than an actual secure financial ledger, which is why the interest of investors will trump purity.

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