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by 3np 2093 days ago
https://www.dictionary.com/browse/arbitrage

> the simultaneous purchase and sale of the same securities, commodities, or foreign exchange in different markets to profit from unequal prices.

What’s being bought and sold? Who’s the counterparty?

I’m not arguing right and wrong, just that you can’t call any permissionless extraction of value from a contract “arbitrage trade”.

And again, incorrectly assuming that 1) it somehow sets a precedent 2) the people making the decision then are the same that would be making it today 3) the overlapping people would make the same decision today as then 4) the EF and core devs have a strong authority on these matters

There’s always ETC if you want to stay on the timeline where the DAO hack executed as specified without being overridden. No one forced anyone to fork.