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You're talking about an opinion of a bunch of early hackers as if it was a common world view of everyone in the crypto/blockchain space. It's not (sadly, IMHO). There are many who are exploring merging government regulation and crypto currency.

Not sure what you mean by modifying unmutable blockchain, that never happened. What happened is that people stopped using that blockchain and switched to another one.

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They switched to another blockchain… that has the same exact name and is maintained by the same people. So in my opinion, Ethereum broke the “unmutable” promise after the DAO debacle. You could argue that as Ethereum Classic kept the original blockchain, the promise was kept. But even so, it was the spirit of that promise was broken, and ETC is not maintained by Ethereum. I lost trust on Ethereum because of that and never touched it again since 2016.

Yeah, sure, I agree. But the blockchain technology itself is still sound - its about the users who accepted this change and the social capital of the organization that pushed it.

> its about the users who accepted this change and the social capital of the organization that pushed it

In other words, fiat

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