Earlier quoted context omitted.
This is not the US. They don't check how much bribes you paid your local police forces. They are just doing their jobs
Where did you get the idea that the US is like that?
I lived there
French police free kidnapped Ledger executive
141–150 of 154 posts
Re: French police free kidnapped Ledger executive
#142This is insane. So much disgust washed over me when I read about the finger. I can’t believe people are so evil. I don’t have any crypto but I’m worried about those who have it at scale.
My advice for people who own crypto is the same as my advice for people who own guns: You shouldn't own it, but if you do, shut the fuck up about it. Guns and crypto both have unique properties: criminals want them, and they want there to not be a connection between their identity and the item they plan to do crime with. The obvious solution, for a criminal, is to steal someone else's guns or crypto, not for the valu…
it's easy enough to get anonymous crypto
Re: French police free kidnapped Ledger executive
#143Earlier quoted context omitted.
This sounds a lot like a sales pitch by Ledger, is the next service you are going to sell me involving me sending my seed, online, to Ledger so it can be sent to 3 third parties... because that is what made so many people laugh at them last year. They can add as many layers of cryptographic schemes on this, it so antithetical to what you should do with a seed you want to secure that it ruined their reputation for a l…
Do you HAVE TO send your seed for backup? Do they use dark patterns to force you to upload your seed? Do you realize some people value (probably wrongly in this case) convenience over absolute security? There’s nothing wrong with offering additional options.
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Re: French police free kidnapped Ledger executive
#144Earlier quoted context omitted.
This sounds a lot like a sales pitch by Ledger, is the next service you are going to sell me involving me sending my seed, online, to Ledger so it can be sent to 3 third parties... because that is what made so many people laugh at them last year. They can add as many layers of cryptographic schemes on this, it so antithetical to what you should do with a seed you want to secure that it ruined their reputation for a l…
Do you HAVE TO send your seed for backup? Do they use dark patterns to force you to upload your seed? Do you realize some people value (probably wrongly in this case) convenience over absolute security? There’s nothing wrong with offering additional options.
It's simple, the surface of attack of their system is much larger with the mere existence of this backup scheme, even if none of their customer used it...for the convenience of a fringe of their customers (the real reason is to widen their userbase to less security conscious customers and make more money this way). They also have proven to be poor deciders in the past when it comes to protecting their customers' data. The two combined make me want to never purchase a device again from them, and made me demand that they delete all my PII from a former purchase.
If these red flags are not red enough for you, go on, use them, I refuse to recommend them anymore for the stated reasons, especially when there are alternatives with better security/track records.
Re: French police free kidnapped Ledger executive
#145Earlier quoted context omitted.
I believe Ledger already leaked customers' addresses. https://www.bitdefender.com/en-au/blog/hotforsecurity/hacker... Probably the most dangerous and costly data leak ever. Can't believe Ledger was able to stay in business after that.
I don't live at the house where I ordered my wallet anymore. So that's a relief.
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Re: French police free kidnapped Ledger executive
#146[dead]
Re: French police free kidnapped Ledger executive
#147Earlier quoted context omitted.
I guess is comes down to whether you think it's possible to prevent this kind of thing with nothing more than cleverly aligned incentives and cleverly applied cryptography. If it is, then we'd be fools not to try, and having the trusted third party is just the better of several bad alternatives. But it is a pretty audacious claim. I wish there were more radical optimists among us pursuing such things. Pity that that'…
You definitely have to be a radical optimist to put faith in crypto at this point. Maybe Trump is an optimist too though
If Trump saw the potential in crypto that I see. He'd like it far less. e.g I've been tinkering with a protocol for refusing to pay federal taxes all at once. (Because it's not a useful threat if we're not united in it).
I draw a pretty thick line between what we're seeing out of it today and what we should be demanding of it.
Re: French police free kidnapped Ledger executive
#148Earlier quoted context omitted.
Such things don't count for much if they're not in use. The trick will be getting people to use them effectively. It's more of an education problem than a tech problem. Also it's not clear that that would work. If I got a call: > They're gonna kill me if you don't sign this transaction. I'd probably sign it rather than let my friend die to prove a point to the bad guys that you don't kidnap people on FooChain.
Ok, so you make one of the other parties someone who has a fiduciary duty but not an emotional one. "We don't negotiate with terrorists" is a common enough phrase.
I still don't think it's enough. Then you just figure out who the fiduciary is and kidnap their kid instead. It's gotta be something where the coins are useless once stolen because you can't fake a convincing enough history for anybody to risk touching them. And not because maybe the cops show up, but because the recipient is equally concerned about finding people to accept their coins. The value of a given token has to be tied to the acceptability of its externalities such that a theft is just a destruction of value, not a reappropriation of it.
Or at least that's the only way I can see it working. It's gotta be based on consent, not scarcity.
Re: French police free kidnapped Ledger executive
#149Earlier quoted context omitted.
This is why I'm, within reason, anonymous online. This is a real threat.
It's not easy. The marketing and lobbying is against this kind of attitude. You are met with active hostility. Facebook will delete your account if someone reports you as not revealing your actual personal data to them and will try to get you an official ID. You can't post on twitter without giving your phone number (even though Russian bots have no problem with that). But it's worth it.
That's true. I don't have any personal social media account with my face, etc.
Re: French police free kidnapped Ledger executive
#150Earlier quoted context omitted.
We literally had to move, out of fear, and I am going to ridiculous measures right now because I work in the field. Luckily, we were renting.
Is it worth the impact to your lifestyle to work in crypto?
Well, it's not just crypto. Most of my work is in general finance, which puts my family at high risk.
If you know what you're doing, it's worth it. I plan to sell my company within 12-18 months and retire. And, yes, I'm certain that I will do it.
I can't imagine being a celebrity. Fame must be a nightmare.