The FINCEN fine to Ripple
keeps me thinking and worrying how the old sovereign money system will defend their position
Lets assume Gavin Andersen and the other four core developers who have acces to the live code inside the Bitcoin protocol are (coordinated) arrested on arbitrary grounds (like Julian Assagne) and captive for days/weeks/months and have no access to computers. What would be the impact?
Lets assume that they give NOT the live code into the core protocol to their prosecutors; the result would be that the Bitcoin protocol is defacto beheaded (ISIS scenario)
Lets assume that they give the live code; it would be devastating for Bitcoin? (i am no computer expert; so i ask this question)
Lets assume only 2 or 3 persons are arrested/captive. Multisig solutions are counterproductive
Am i correct?
What in case of Bitshares? If DL is arrested with six core developers BitShares is beheaded? How must (and can) they defend them against high payed lawyers and prosecutors from the old sovereign money system? If you have no back up money or lawyers you are toasted.
How funerable are Daniel Larimar and the other six core developpers?
Are they living in the same country?
Is the USA the 'safest' place to be for a core developer?
In Holland (i am Dutch) they say something as: 'to be right' is something else than 'get it right'
So my point is: the old sovereign money system can behead (like ISIS) the initiatives like Bitcoin and BitShares if they arrest/captive the key players. ISIS scenario
I hope a have it wrong.
Please your thoughts on this