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I still get butterflies thinking about the clever beauty of the great network, computer, software, cryptographic security piñata in the sky. It means that rath
by meltyness 4y ago
I still get butterflies thinking about the clever beauty of the great network, computer, software, cryptographic security piñata in the sky.
It means that rather than being a story about public affairs, snake oils, and conspiracies -- security is now a legitimate business concern.
I won't pretend to have an endgame, but I really don't see too much to loathe. Even the most vehement concerns are easily reframed as opportunity.
- Unsuspecting public? To contrast crypto with the system not many people's personal financial planning involves bounding correlations between News Sentiment -> VVIX -> VIX -> Derivatives market -> Volatile inflation across all sectors.
- Security concerns? Again, this slaps a price tag, and hence quantifiable risk-level on every computer system security level -- airgapped? networked? It's practically its own insurance, on software that is still centuries away from being closed-form auditable.
- Proof of work? Global governments cooperate to limit, minimize, control power usage. Not such a bad thing in that light, the power system could use more care and engineering as it is.