I feel like we just got to live through an old piece of history all over again ... so I'll share my rendition of it.
https://bitcointalk.org/index.php?topic=375643.0
"Stablecoins are acting in a way where they're bottoms up becoming a country. Countries are trying to reason with it, and the one thing...
"we have nearly 11 years of empirical evidence that the network itself has been holding and transacting bitcoin, but instead of with private key...
“While patching the first hack, they seem to have initially wanted to decrease the time drift to 15 minutes, but things kept… going wrong.”...