Whoops! An Etherium's "smart" crypto-contract goes wrong, accidentally erases $150m worth of other people's crypto funds.https://twitter.com/dguido/status/927896527107952640 …
To be fair, how much Ether lost was bought with fiat currency vs on paper gains (mined, bought at $0.01, etc)?
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Does it matter? The wallets had a notional value of ~ $150m until they suddenly had a notional value of $0
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not too many ways to make light of the situation! - 1 more reply
New conversation -
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Mining is a real cost, just like fiat purchase.
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Present market value is all that matters. If someone lost $100m in Disney stock, would you care what they bought the stock for in 1986?
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