These hackers have done a good job... saw this coming from a mile away people needed to be woken up.
Ethereum has ONE GIGANTIC FLAW that has been ignored by the community and their belief system.
History lesson : Before there were two Ethereums there was an Ethereum based DAO that got hacked. The hackers got away with 150 million. However because Vitalik, his investors and his crew are sore losers they decided to edit the Ethereum code and pull back the funds from the hackers Ethereum address... Sounds like justice was served but to what cost ? That pull back that everybody is so happy for is valid proof of an exploit that can pull back all ETH from any wallet if they see fit.
The original Ethereum team is now called Ethereum classic simple because they said the hack was fair gain "it looks like a grey area but there isn't the ability to get away with no development group putting there definition of justice on you is what made bitcoin what it is".
Think about it: If you have you ETH in your wallet Would you want Vitalik and his crew to be able to access it when they feel like it ? Is that safety ? is that trust worthy ?
Vitalik kept using the words "trustless system". I think we need trust. We need to trust the system that our funds are safe in. with all that he is saying on youtube where they have meetings. Can we trust ETH ?
My thoughts : not at all.
what about you what do you think ?
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