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It's valid as long as the community actually does it. There seems to be a strong and passionate group of people who really do care about things like immutability and I don't think this will change.

I think ETH will not suffer from rolling back transactions. Rather I feel rolling back is a symptom of a pervasive belief amongst the EF, its developers and many in their community that they are cryptophilosopher kings. And I feel that this attitude will result in stunting their growth.

They have a roadmap with more than five hard forks in about two years. They don't seem to communicate well with the outside. And the meritocracy of Ethereum seems to be built on a person's ability to write code.

It just doesn't sit well with me. I bet on systems that don't dehumanize people who decided that maybe they shouldn't be developers.

Thank you for your reply Charles. I continue to look forward to your work.