This coin made a mistake so its stakeholders pay the cost. People who had nothing to do with it are essentially unaffected.
In fiat world, if big industry or finance makes a mistake, the taxpayers are forced to bail them out instead of allowing them to fail, because of some perceived “systemic risk” that could take down the entire national economy.
In fiat world, if big industry or finance makes a mistake, the taxpayers are forced to bail them out instead of allowing them to fail, because of some perceived “systemic risk” that could take down the entire national economy.