This was not a hack. This is the equivocation that is at the heart of smart contracts. The promise of smart contracts is that "the code is the law". There is

This was not a hack. This is the equivocation that is at the heart of smart contracts. The promise of smart contracts is that "the code is the law". There is no need for trust, courts, or intermediaries. Of course his only works if the contract correctly implements a perfectly defined spec and has no bugs. If one claims "the code is the law" they cannot claim it is a "hack" or "theft" when their code executes as written rather than as they desire. This "theft" is an example of things working exactly as designed, and this seems to be an unfixable flaw in the concept behind smart contracts.