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This is interesting. It's an article about Ethereum being a wild wild west and that people even have to worry about not just hackers but also miners stealing their money. I really can't imagine how anyone will put their serious wealth into this kind of system. If you have to be worried about some potential exploit for the rest of your life, it might be better to just put the money in your bank instead! https://medium.com/@danrobinson/ethereum-is-a-dark-forest-ecc5f0505dff
mooncat tipped:
mungojelly tipped:
orac tipped:
I read that - it's crazy that people are still working such gaps in the system to try and profit from those gaps.
musiq replied:
Ya I think most of the people who are in this know exactly what they are doing though. My impression is none of them are building for the long run but just trying to get in on the action quickly before everything comes falling down because after that they won't have a pump and dump vehicle toy to play with.
light replied:
The same kind of thing might play out with BTC given a sufficient loss of confidence (and hash power) along with Segregated Witness AnyoneCanSpend transactions.