281–290 of 421 posts
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My SO's family is from the portion of Gia Lai neighboring Cambodia. Gia Lai itself is fairly poor, but ime the neighboring half of Cambodia is even poorer and desperate. It's the same story in the Mekong Delta as well (having had to go to extended family weddings in rural An Giang). And calling out the relative lawlessness in Cambodia is not racism in any shape or form. Based on your comment history, it seems you are…
into the wallets back to the victims?
from the wallets forward to the others working with the scammer?
The point of bitcoin was that it can't be taken off you by the state. So either this was severe user error, to the tune of why aren't the keys somewhere secure when there's a billion dollars behind them, or the nominal reason for bitcoin existing is nonsense. We thinking user error or crypto is nonsense? On the forum I expect the former.
Crypto is nonsense for a lot of its stated purposes once you strip away the shared delusions that have been propped up by us living in a fairly stable global society that at least goes through the motions of supporting the rule of law (though this is obviously changing quickly in some places recently). But then again holding some piece of paper (or a database entry) that says you own some gold that you don't actually…
Drawing the line at possession is arbitrary. Either way your ownership is governed by law, and is only as good as the strength of that law.
Wow. $15 billion is an astronomical, nearly unfathomable amount of money in Cambodia. This must have been a huge operation. It's almost 1/3 of the country's entire GDP! Well done DOJ. Hopefully the victims get their money back.
I'm very curious what happens to that money. I very much doubt any of the actual victims will see it.
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Which just goes to show that custody is a hard and almost always under-estimated problem.
It is, but it's not so hard that you can't figure it out to keep your 15 billion safe.
Earlier quoted context omitted.
My SO's family is from the portion of Gia Lai neighboring Cambodia. Gia Lai itself is fairly poor, but ime the neighboring half of Cambodia is even poorer and desperate. It's the same story in the Mekong Delta as well (having had to go to extended family weddings in rural An Giang). And calling out the relative lawlessness in Cambodia is not racism in any shape or form. Based on your comment history, it seems you are…
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Based on the fact that Cambodian day laborers come to work as migrant workers in a region that Vietnamese (Kinh or Jarai) try to leave if they can.
HDI metrics themselves also represents that fact. Gia Lai - one of the poorest provinces in VN - has a higher Human Development Index (HDI) than all of Cambodia.
> Given the recent developments in Bangladesh
Yet the average Bangladeshi earns more money, is significantly more educated, and has a longer life expectancy than the average Cambodian.
Cambodia's HDI remains well below it's LDC peers across Asia, and that divergence only really began in the 2010s.
> Based on your biased opinion given your relative partiality toward Vietnamese...
I have been fairly open on HN about my criticisms about Vietnam, such as the authoritarian regression under To Lam along with VN's increased hallmarks of falling into a real estate and export economy induced middle income trap
> Cambodia has cooperated with the foreign government consistently
South Korea has literally banned Korean nationals from travelling to vast portions of Cambodia today and is considering cancelling aid projects because of non-cooperation from the Cambodian government.
> I see no such thing
In English, "you" is often used in the 3rd person as well, especially when communicating on a forum where conversations and readers are not only the OP
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There is no reason why Cambodia can't pull off a similar developmental story like Vietnam or Bangladesh, yet Cambodian leadership in the 2010s and today has dropped the ball because any attempt at making Cambodia a more open economy would undermine rent seeking activities.