Comment by immibis

12 hours ago

There was a government* bailout in Ethereum, however. https://en.wikipedia.org/wiki/The_DAO

The government of Ethereum is not the US government.

I don't see a reference to a government bailout in the article you listed. The chain was forked by the community to the state before the hack and most users switched over this supporting this fork and calling it Etherium going forward.

  • The chain was forked, ultimately, by Vitalik Buterin - the president of Ethereum - and his cabinet. Calling a thing by different words doesn't make it a different thing.