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▲ michaelt an hour ago

That hasn't been true for years.

Back in 2016 a then-huge Ethereum smart contract called "The DAO" [1] had a loophole that let an attacker extract a third of all the funds.

But a lot of the developers and miners had either lost money themselves, or had friends who'd lost money, or felt the embarrassing incident was devaluing their own Ethereum holdings. So they decided to allow takesies-backsies.

There's probably a philosophical lesson there about power and who the rules really apply to.

[1] https://en.wikipedia.org/wiki/The_DAO

▲chao- 31 minutes ago | parent [-]

I vividly remember a number of discussions/debates during that time (including on HN). I was more favorable to cryptocurrency in those days, and one of the things that contributed to my disillusionment was watching the people deepest and closest to it rediscover financial regulation from first principles, now that it was in their interest.

▲throwaway132448 22 minutes ago | parent | next [-]

Witnessing the same people discover philosophy from first principles in the face of AI has been similarly farcical, as if we’re the first people to try and wrestle with a definition of intelligence.

▲cheraderama 9 minutes ago | parent [-]

Philosophy, unlike financial regulation, isn't generally forced on people.

▲throwaway132448 a few seconds ago | parent [-]

I don’t think I understand what you’re trying to say.

In the literal sense, people have been forcing their philosophy on other people for at least as long as we’ve had societies, so I assume it’s not that.

▲ex-aws-dude 20 minutes ago | parent | prev [-]

That is the tech bro circle of life

Invent Notion then keep adding features enterprise customers want until you're re-inventing JIRA/Confluence

Who left this stupid fence here?