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Every crypto hack is followed by a swift call for a centralised authority to intervene.

• nemo44x 4y ago
  Why is that inconsistent? There’s a lot of people that believe governments only legit purpose is to protect people and their property.
  • KptMarchewa 4y ago
    Then don't make systems aimed only at removing government authority around many. Governance for me, but not for thee
  • CodexArcana 4y ago
    In order for governments to do that the systems have to have a way for an authority to intervene and reverse the transaction... Which is expressly impossible to do without creating a fork of the chian... Which is pretty contrary to the ethos of the white papers for Bitcoin.
    • nemo44x 4y ago
      To recoup the loss possibly, but that’s not necessarily governments job. The governments job would be to investigate the theft in an attempt to charge a suspect(s) with a crime against another person. If the property is replaceable by the charged parties then that could be used by the government as a consideration in plea bargaining or sentencing. But if it’s gone then hopefully the plaintiff purchased insurance on it.