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immibis 20 hours ago

There was a government* bailout in Ethereum, however. https://en.wikipedia.org/wiki/The_DAO

The government of Ethereum is not the US government.

KetoManx64 20 hours ago | parent [-]

I don't see a reference to a government bailout in the article you listed. The chain was forked by the community to the state before the hack and most users switched over this supporting this fork and calling it Etherium going forward.

immibis 8 hours ago | parent [-]

The chain was forked, ultimately, by Vitalik Buterin - the president of Ethereum - and his cabinet. Calling a thing by different words doesn't make it a different thing.

KetoManx64 3 hours ago | parent | next [-]

One goverment you have to pay taxes to in order to stay out of jail and don't get to make any real choices about how much money it prints out of thin air..

The other is an organization body that you freely choose to associate with, eg: using Etherium.

I don't understand how you can conflate the two.

Vitalik did not print billions of dollars out of thin air and then force every citizen of the US to bear that cost through the inflation of the US dollar eating away at their savings and investments.

immibis 2 hours ago | parent [-]

I don't make any choices about how much money Ethereum prints out of thin air, who it prints it to, or how much the transaction fees are.

hvb2 6 hours ago | parent | prev [-]

Your dictionary would disagree?

By that logic every company is a government?