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by dTal 1606 days ago
There are, of course, other industries with financial incentives against safety features. We usually regulate them.

We can point and laugh at this one person, but according to the reddit thread they're the 265th person to make this mistake, and more than half of the money in the inaccessible account is not theirs.

2 comments

And that's just for this particular token. You can go to just about any token contract and see how numerous people have sent their tokens to the contract address itself.
I hadn't even thought about this. With BTC early on, the only party to really benefit from lost coins would be "Satoshi", but his coins weren't worth anything until the currency took off anyway, so it was more important and long-term profitable to build a system that didn't lead to user anger than one that would lose coins to deflate what was already a deflationary currency. It really does show how slimy the whole cryptocurrency world has become.