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RE: The Myth that Proof of Work creates Irreversibility

"The people who use Ethereum have collectively decided to reinterpret the immutable history in such a way that produces a better outcome for almost everyone."

This is what people don't seem to understand around their subreddits... I can't understand the whole panic selling price changes that happened after the Dao "hack", either bitcoiners are really good at spreading FUD or just manipulation and weak hands. When will people learn that these cryptocurrencies aren't some "get rich quick" scheme. Time pays off.

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produces a better outcome for almost everyone.

or the outcome could be worse for almost everyone when there is no more trust in the original promises of the system.

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