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RE: Coinbase/GDAX ETH Flash Crash Update
Imho, this is like communism in the socialist era during the cold war : everyone was more or less living the same pathetic life like the others, only because of the state compensated for your mistate(s)\bad decisions YOU made. All power to the working party = to the majority. Your mistakes were my mistakes too as the damage was distributed, but the profit was redirected to the party leaders and connections around them.
No one gave a f. if you were innovative, risk taker, early adopter, you were pulled back to the same grave like the others..... by the others. Pathetic. Just like this "reimbursment" - "sign of goodwill".
Yea it was the traders mistake and risks were known but I think this was good to help with mass adoption for crypto in general. People like to feel that their money is "safe".