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web3isgoing | 3 years ago

Vitalik isn’t running any DEXes, he is not in a position where he can steal or move user funds locked into a DeFi contract. He could suggest a change that might do something malicious at protocol level, but the rest of the developer community would reject it.

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Yizahi|3 years ago

CEO of a bank can't do that too. The board can though. And of course customers can reject that decision and switch bank. But in reality that won't happen both in the bank case and in the tokenbro case. We have already saw how Vitalik stole lawful tokens from the receiver of The DAO program (code is law after all), and everyone has supported him. Exactly the same as banks can do, only without outlandish claims.

chrisco255|3 years ago

A fork is not a theft. The code allows for forking, doesn't it?

newswasboring|3 years ago

Nothing really got stolen in the DAO case the way I see it. ETC still exists, its just that nobody wants to use that chain. Code is still law, but the users decide which code to run. I can see the beauty in it.

lottin|3 years ago

> he is not in a position where he can steal or move user funds locked into a DeFi contract

He already did that once, and could do it again.