There’s this factor that when one thing occurs and it’s felt as a risk to Ethereum Basic, then folks go to the varied social media boards, just like the weekly neighborhood name or the Discord server, and say issues like:
“We’ve to unravel this?”
Or
“What can we do to repair this?”
The very first thing to grasp is that there is no such thing as a “we” in Ethereum Basic.
It is because Ethereum Basic is decentralized and, if that’s true, then there is no such thing as a “we”.
That is why years in the past I used to argue in opposition to utilizing phrases like “the neighborhood” and “we” and issues like that.
As if ETC had been some type of membership, basis, or company the place “we” exist as a authorized personhood, with fiduciary obligation, monetary legal responsibility, and registered someplace, so “we” handle issues, subsequently “we” could possibly be sued by the US Authorities or “we” could possibly be prohibited by the Chinese language Authorities, and issues like that.
That doesn’t exist.
“We” simply must let governments scream to the air. Saying “ETC is prohibited” as a result of “it’s a safety” or “it burns an excessive amount of vitality”.
It doesn’t matter.
Ethereum Basic goes to nonetheless be there. Builders are going to nonetheless be capable of ship sensible contracts and construct apps on it, and persons are going to nonetheless have their cash there, and no one can do something about it.
Governments will migrate from the present state of denial, attempting to cease the unstoppable for some time. However, then they may notice that it’s futile. When this occurs, after they see that Ethereum Basic continues to be there after all of the efforts to cease it, then they may embrace it.
There’s nothing “we” can do, “we” doesn’t exist, and there’s nothing to do aside from see how the federal government tries to ban Bitcoin in addition to Ethereum Basic and see how they fail.
As a result of it’s already solved.
“We” already did what “we” needed to do which is to create a really decentralized, Code Is Legislation, digital gold, and programmable blockchain community.
There’s nothing else to do.
Code Is Legislation