Sometimes banks freeze international wires until the government investigate the source of the funds to make sure they are not funding terrorism, this happen to any sum higher than $5k in my country for example. I just wish to never be in such a position.
If crypto is to be legitimized, the government isn’t simply gonna say, too bad, the stuff we think is absolutely necessary to the point we suspended civil liberties for, that stuff we will ignore for you.
Whether you agree with what the govt is doing or not, they aren’t gonna stop doing it because it’s crypto.
This happened to me when purchasing a house in another country.
Missing the point.
People need to look at this as like chartering a 17th century galleon. It sank. Gold was lost at sea, unreachable by todays tech. Maybe in 200 years someone can crack ECDSA and recover it.
Not everything needs to be sanitized for one’s safety.
Also the current system at least has the potential to be improved, maybe. While irreversibility is baked into the ideology of many (not all) proponents if crypto.
Did you mean reversibility? Because otherwise you're agreeing with me: I'm saying irreversibility is easy, often the default with crypto Yes, that is what I am saying. In traditional banking reversibility is easier, and (mostly) the norm for situations of standard human error.
In the case of this particular contract a limited form of reversibility is even what was intended, but that doesn't matter. It's a system that doesn't allow for honest error.
For some, that's a feature. For the vast majority required to take smart contracts mainstream, that is not a feature. Better error resistant reversibility can be built, and that's when things may become attractive to more people. But, again, many proponents view irreversibility as a feature so it's not primary consideration when building things.
You can't sue a typo.
I don't need to sue as long as I get my money back.
However, it's going to take more than 150 calls and a lawyer to hard fork the ethereum chain to roll back this contract.
Perhaps a class action lawsuit can force the auctioneers to pay back the money despite not having access to it themselves. Either way, there's literally no way for the misdirected cryptocurrency to ever return.
You are replying to somebody who said literally the opposite: "They are not all perfect"