It is. It's not useful to have in an electronic currency. In fact, it goes against the whole idea behind ethereum. >Ethereum is a decentralized platform that

It is. It's not useful to have in an electronic currency. In fact, it goes against the whole idea behind ethereum. >Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.