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Comment by eterm

Watching Ethereum discover why there are lawyers is similar to watching the Bitcoin community find out why there are (central) banks.

The bitcoin world now has "consensus" meetings which from an outsiders' perspective look a lot like the kind of meetings at Davos that bitcoin was supposed to be against, only without regulation, consumer protection and any recourse against bad actors within the upper spheres of influence.

In future of ethereum there'll have to be "arbitration committees" which will look a lot like courts. Self-appointed, unregulated courts of course.

parent eterm 10 years ago

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