alt Hacker NewsThe whole ethereum fork was such a funny situation.
"Our currency is immutable and all, no banks or any law messing with your money"
"oh, but that contract that people got conned by need to be fixed, let's throw all promises into the trash and undo that"
"...so you just acted as bank or regulators would, because the Important People lost some money"
"essentially yeah"
The old version stayed around but (essentially) nobody wanted to use it. If they had, the forked version would be worthless. That is the difference. A cryptocurrency fork cannot succeed without the consent of the community. No one is compelled to use it the way that you are compelled to accept the decisions of a regulator.