It would be pretty sweet for a moment, until you realize that money isn’t legally yours and the bank will soon correct the mistake.
But…what if the bank couldn’t do that?
Well, that hypothetical scenario became real for a few lucky users of the decentralized finance (DeFi) staking protocol Compound, which acts like a bank without
all the traditional banking rules.
Hold up, hold up. What do you mean the money isn’t legally mine, when the “bank” only acts like a bank without all the traditional banking rules?
Leshner told the crypto outlet that he views this as a “moral dilemma” for the users who received the COMP tokens.
Strong words for someone who has just threatened those same users they’d be doxxed if they don’t return the “money”.
Others in the cryptocurrency community disagree, citing a popular phrase “code is law,” which basically implies that what the protocol did should be accepted as the rule.
Yeah, just go to code court, Leshner.