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RE: The Legal Basis of Cryptocurrency Forks

in #cryptocurrency5 years ago

Okay.

I'm not sure if this makes me feel any better. :) On the one hand, I guess knowing that Justin Sun can't necessarily win a lawsuit against STEEM et al for minimizing the Steemit stake is good to know, since it in essence eliminates one tack he could take that would no doubt be devastating to the blockchain if he could win.

On the other hand, from the account owner standpoint, it's kind of terrifying to know that such a thing is possible without any recourse. Whether the likelihood of it happening is high, low, or in between. I wish I had known this over two years ago. I would have made a more informed decision when I joined STEEM. :)

Thank you for all the answers. I appreciate you writing this post and taking the time to respond.