Their fix was to put a piece of paper over the passwords.
What a time.
Bitcoin, and really fintech as a whole, are beyond reckless.
With Bitcoin you do not get government bailouts like what happened with the beyond reckless banks in 2008.
Bitcoin is not an immutable law of nature. If the coin minting cap is reached, all that needs to happen is for miners to start running a fork with a higher cap. Tada, more coins conjured out of the ether, just like all the previous ones. If you want enforced scarcity, you need to be tied to something physically scarce.
all that needs to happen is for governments to stop burning fossil fuels
all that needs to happen is for researchers to publish boring papers replicating others results
all that needs to happen is for fishermen to stop overfishing
Coordination problems seem easy but never really are. The chance of all the miners just suddenly agreeing to do something all at once is pretty low to impossible.
The point of a hypothetical suggestion is to direct a specific course of action. I am simultaneously amazed at how complex the 'hypothetical' construct is, and also how many people aren't able to reason around them... since this is basically what our big brains are for.
If you assume everybody involved just stops responding to their current incentives, you can solve any coordination problem, in a manner of speaking. But it's useless as a battle plan. Operationalizing a change demands that you pick a party you're talking to, and with full view of their capabilities and limitations, modify their current course of action in the smallest possible way that accomplishes a change.