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>Being unable to fix a "whoopsy" is the biggest weakness. Who decides what is a "whoopsy" a legitimate user made, and what is a pretend-"whoopsy" conjured by a
by dexen 5y ago
>Being unable to fix a "whoopsy" is the biggest weakness.
Who decides what is a "whoopsy" a legitimate user made, and what is a pretend-"whoopsy" conjured by a malicious actor? Giving people & automated systems ability to flag something as "whoopsy" and revert it or lock down entire account enables malicious abuse and honest mistakes; either can end up very costly or even effectively irreversible in some cases.
Trivial example: every day we see a new post on HN about somebody's Apple/Google/YT/payment processor/etc operation/content/account being marked as "whoopsy" by the support or anti-fraud team, and they losing access to data/finances.
The best way to think of cryptocurrencies being "too absolutist" (irreversible) is as of a complementary counterpart to the (fiat) money which is too open to interpretation and always subject to unexpected third party decisions.