Today, 15 years ago #OTD the person or group with the fictive name of “Satoshi Nakamoto” created the first cryptocurrency named Bitcoin with the thought of it becoming a secure and fast alternative to fiat currency.
Now it's known as the most wasteful use of electricity, inefficient and limiting capability/functionality, as well as being among the most insecure and de-anonymizing ways to transfer money.
However, what Satoshi Nakamoto probably hasn't expected is how many scam-currencies would come after theirs, and how their invention would create a new breed of the most annoying people known to our species: crypto-bros.
If you are the tiniest bit cryptocurrency-curious, you need to read Zeke Faux's book Number Go Up. Finished it on Sunday. Super-fast read. Totally bonkers stories throughout. The chapter on pig butchering was new to me and yet another damning indictment of the state of the griftswamp.
You delivered takeaway that was paid for with "drug money" or even got tipped with it: Congrats, you are a criminal by association - you have illegal funds in your possession!
Kommt der digitale Euro? 🤔 🪙 Weltweit arbeiten Zentralbanken am digitalen Zentralbankgeld. Wir helfen bei der sicheren technischen Umsetzung: Mit dem Community Draft der TR-03179-1 bieten wir gemäß Security-by-Design einen Leitfaden für eine sichere Implementierung. 🛡️
Die TR „Central Bank Digital Currency – Part 1: Requirements on backend systems“ kann bis zum 17.09.2023 kommentiert werden. Mehr dazu: 👉 https://www.bsi.bund.de/dok/1092736
Why would anyone want to use #TornadoCash on #Ethereum / #ETH, which is written in the systemically unsafe Programming Language that is #Solidity when #Monero :monero: / #XMR exists?
The entirety of Github is apparently on big query, ready to be parsed if you have a couple thousand bucks to spare. Most Git commits contain real names and real email addresses. How is this not a privacy disaster waiting to happen?