[kbody]

This case feels so closely to the very interesting case of Aviva France[1], where a not "well-futureproofed" life insurance contract is making a person very rich by the day.

Unfortunately for Aviva, their contracts are actually law in contrast to Ethereum where if the devs feel like it, they can do/revert anything.

[1]: https://ftalphaville.ft.com/2015/02/27/2120422/meet-the-man-...

[malloreon]

here's a link not behind a signup wall: http://www.independent.co.uk/news/business/news/max-herve-ge...

[bayonetz]

Wow! I'd love to hear the reasoning that went into issuing those policies.

[jffry]

From [1], it sounds like it was issued at a time when today's near-real-time info on the value of the investments was unthinkable, not to mention the amount of time it would take to send and process requests for changes.

[1] http://www.proz.com/kudoz/french_to_english/insurance/625262...

[BenjiWiebe]

Am I missing something? I thought the devs had to have everyone agree to do a hard fork. If the devs were in complete control, that wouldn't have been necessary.

[nebabyte]

If the devs "just reverted anything if they felt like it", people would quickly move to a different fork.

[kbody]

There's Ethereum Classic with is the original chain that survived the hard fork without the "reversion", which has $2B market-cap if that matters. But more than that it has fans that believe in Ethereum but know the value of immutability.