Common sense with the right morals > Cold-hard principles/rules
So basically it's OK and "morally just" for a central agency to decide when the rules and principles of crypto can be broken.
I know of a lot of people who think crypto is stupid, but love the blockchain, I am one of them, All you nuts out there need to realize people dont care for your stupid algo's and never will, all they want to do is buy something easy and not get hacked and shit stolen from them.
Computers make them uneasy, and for good reason. Look at all you crypto champions, wishing theft upon people to save your thesis. Taking that over a real world use that has benefits to save your purist view, so sad.
I couldn't of put it better myself. People think Dev's should put all this effort into a coin, take tons of abuse from users who sit at their computers trying to make a buck, then just let their creation die do to no fault of their own out of some deranged principal. The biggest problems with crypto is the lack of decentralization, 98% of the public don't want to leave their money to the wild wild west where cheating and hacking is rewarded because a few people don't like the governments role in modern economies. The same people who think the Vericoin Dev's should hang themselves with Mintpal's rope are the same people who wonder why the general public thinks all this is just a complete scam.
If I started a bank and offered a Visa card, but said there is no fraud protection and you are on the hook for any charges made no matter what, no one would use it, because most people have what is called common sense. I explain the GOX situation to people and they can't wrap their head around how an electronic transaction just can't be reversed or why so much value could be flimsily held and lost so easily. It's all the convenience of sending money electronically over the internet with all the dangers of cash.
I commend the Dev's for the actions they are taking. I don't think this will ever be a slippery slope where any one little thing will cause coin makers to halt transactions and remake the wallet because some little thing slipped up. If these hackers had had half a brain, they would have stole .5% of the coins, taking as many as they did would either kill the coin leaving their bounty worthless, or caused what did happen, also leaving their heist worthless. I hope this is the new normal.
