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What Happened to HackerOne?

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Re: What Happened to HackerOne?

#181

Post by inigyou »

gchamonlive wrote: post #177
gruez wrote: post #172

Earlier quoted context omitted.

...or UPI (India), wechat pay/alipay (China), SEPA (EU). The problem is that none of these systems are actually global.

Hence "would solve" and not "solves"

These systems are government mandated. You get even more fractured systems without a government mandate - originally it was one per bank, and to get money from one bank to another you had to withdraw and then deposit cash. And there isn't a world government.

The closest we have is cryptocurrency, but it doesn't scale.

Re: What Happened to HackerOne?

#182

Post by inigyou »

StilesCrisis wrote: post #149
inigyou wrote: post #114

Earlier quoted context omitted.

Literally just pay them in bitcoin. They're hackers, they'll be able to handle it.

That solves the literal "how to pay" but so does an envelope full of cash via FedEx. That's not the actual complicated part of legally paying someone for contract work in a foreign possibly-hostile nation.

I'm pretty sure the legal way to pay someone in a sanctioned country is: you can't. Full stop. Especially not for hacking services.

Re: What Happened to HackerOne?

#183

Post by gchamonlive »

inigyou wrote: post #180
gchamonlive wrote: post #159

Earlier quoted context omitted.

That's untrue because it assumes all systems are interchangeable just because they are centralized and global, but intention matters and how you operate them creates hidden incentives that can alter how these systems evolve over time. Pix in Brazil, unlike other solutions, is entirely state-run and shouldn't suffer from investor pressure. It can still potentially suffer from service quality degradation and lack of tr…

Yeah, but it only works in Brazil. There's no political will for the US to adopt a Brazilian payment system, and plenty of political will for that to not happen. The same is true in every country. Europe has the SEPA system (often incorrectly called the IBAN system), but you can't use SEPA to transfer to a US account. When the Ukraine war broke out and Ukraine sought donations, they were asking people to donate to a…

Hence the "would solve", but as you identified the US prefers to favor their internal ancient financial structures that aren't fit for current global needs. And it's not like it's doing so in order to prevent someone to acquire strategic leverage, because this tech would benefit everyone equally, but to maintain its stronghold over the world's financial systems (like hackerone) just to extract profit. This is very Roman of the Americans, we gotta admit.

Re: What Happened to HackerOne?

#185

Post by pbkompasz »

Shank wrote: post #28

> To the companies: You don’t need HackerOne anymore. The tokens to build your own in-house platform cost less than single year of HackerOne. You know, the biggest thing that HackerOne delivers is a universal payments system that requires absolutely no efforts from companies. Have you tried to manually pay hackers from around the world? It is a laborious process involving trying to find what providers are compatible…

p2p crypto transfer? 0% fees, instant

Re: What Happened to HackerOne?

#186

Post by inigyou »

gchamonlive wrote: post #183
inigyou wrote: post #180

Earlier quoted context omitted.

Yeah, but it only works in Brazil. There's no political will for the US to adopt a Brazilian payment system, and plenty of political will for that to not happen. The same is true in every country. Europe has the SEPA system (often incorrectly called the IBAN system), but you can't use SEPA to transfer to a US account. When the Ukraine war broke out and Ukraine sought donations, they were asking people to donate to a…

Hence the "would solve", but as you identified the US prefers to favor their internal ancient financial structures that aren't fit for current global needs. And it's not like it's doing so in order to prevent someone to acquire strategic leverage, because this tech would benefit everyone equally, but to maintain its stronghold over the world's financial systems (like hackerone) just to extract profit. This is very Ro…

Even if the US modernized its financial infrastructure, it still wouldn't share the same infrastructure as Brazil, China, Mozambique and the EU.

Here's something to think about: All of a country's currency, except for physical cash, is stored inside that country. You may think an American can have a Revolut account holding Australian dollars, but Revolut just has a really big account at some Australian bank, and that bank is where the dollars really are.

When you go to Europe and use your American Visa card to buy something, the system finds someone with accounts in both continents to be the counterparty. USD travels from your American bank to the exchanger's American bank, and from the exchanger's European bank to the merchant's European bank.

How would you extend this system outside a single government? It's like saying all cryptocurrencies should share one blockchain - it's all well and good to say, but how will you actually make that happen?

Re: What Happened to HackerOne?

#187

Post by gchamonlive »

inigyou wrote: post #186
gchamonlive wrote: post #183

Earlier quoted context omitted.

Hence the "would solve", but as you identified the US prefers to favor their internal ancient financial structures that aren't fit for current global needs. And it's not like it's doing so in order to prevent someone to acquire strategic leverage, because this tech would benefit everyone equally, but to maintain its stronghold over the world's financial systems (like hackerone) just to extract profit. This is very Ro…

Even if the US modernized its financial infrastructure, it still wouldn't share the same infrastructure as Brazil, China, Mozambique and the EU. Here's something to think about: All of a country's currency, except for physical cash, is stored inside that country. You may think an American can have a Revolut account holding Australian dollars, but Revolut just has a really big account at some Australian bank, and that…

Unfortunately I think you are right, this is kinda Capitalist Realism but applied for imperialism: it's easier to imagine the end of the world than to imagine that the US (or any regional power for that matter) to cooperate with their neighbors.

I think this applies however only to the US. It's possible that Europe, India, Brazil and other powers to form a infrastructure chain around US to make financial cooperation easier between international economical partners.

Re: What Happened to HackerOne?

#188

Post by StilesCrisis »

inigyou wrote: post #182
StilesCrisis wrote: post #149

Earlier quoted context omitted.

That solves the literal "how to pay" but so does an envelope full of cash via FedEx. That's not the actual complicated part of legally paying someone for contract work in a foreign possibly-hostile nation.

I'm pretty sure the legal way to pay someone in a sanctioned country is: you can't. Full stop. Especially not for hacking services.

I'm not actually sure how HackerOne skirts around this.

Re: What Happened to HackerOne?

#189

Post by inigyou »

gchamonlive wrote: post #187
inigyou wrote: post #186

Earlier quoted context omitted.

Even if the US modernized its financial infrastructure, it still wouldn't share the same infrastructure as Brazil, China, Mozambique and the EU. Here's something to think about: All of a country's currency, except for physical cash, is stored inside that country. You may think an American can have a Revolut account holding Australian dollars, but Revolut just has a really big account at some Australian bank, and that…

Unfortunately I think you are right, this is kinda Capitalist Realism but applied for imperialism: it's easier to imagine the end of the world than to imagine that the US (or any regional power for that matter) to cooperate with their neighbors. I think this applies however only to the US. It's possible that Europe, India, Brazil and other powers to form a infrastructure chain around US to make financial cooperation…

It's not even about capitalism. You're asking Bitcoin, Ethereum and Monero to cooperate. What do the technical details of that cooperation actually look like?

Re: What Happened to HackerOne?

#190

Post by snapcaster »

jjav wrote: post #86
Shank wrote: post #28

> To the companies: You don’t need HackerOne anymore. The tokens to build your own in-house platform cost less than single year of HackerOne. You know, the biggest thing that HackerOne delivers is a universal payments system that requires absolutely no efforts from companies. Have you tried to manually pay hackers from around the world? It is a laborious process involving trying to find what providers are compatible…

> universal payments system that requires absolutely no efforts from companies. Indeed. I use a third party company (not HackerOne) to handle our bug bounty and the primary reason is so they handle all the payment hassles, I don't need to be involved. They also handle all the screening for false positives, which in the AI age are exploding. I also don't want to deal with that. In general I lean towards building in-ho…

Mind sharing which company you use for this?
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