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Scenario one. Individual (while working in a startup) is receiving some tokens as a compensation. Time passes. Their remuneration being on-chain and visible is
by exo762 4y ago
Scenario one. Individual (while working in a startup) is receiving some tokens as a compensation. Time passes. Their remuneration being on-chain and visible is a problem when negotiating salary in the next job.
Scenario two. I want to have on-chain identity (e.g. exo762.eth domain name). To register it I need to have some ETH (gas, registration fee). If I sent this ETH directly from my "money" account, I will forever link my public identity to my money, which is like walking around with "my net worth is at least XYZ USD" banner.
- Phlarp 4y agoHow are these scenarios "use cases" for a mixer and not critical flaws in the underlying system? We're in a thread about a rogue state using the tech to steal money to fund their operations (Chemical attacks in airports, nuclear warheads, intercontinental ballistic missiles, etc.) How many nuclear detonations would you consider acceptable in exchange for the cryptobros to have their toys?
- junofan 4y agoYou’d rather they sell meth? They’re gonna find the money one way or another.
- exo762 4y agoHow "Operation Choke Point" is not a critical flow of the underlying system? I care about civil rights way more than I care about NK.
- nanidin 4y agoSide note, I find it interesting that "bros" is now a pejorative - cryptobros, techbros. Are there other instances? We've come a long way from Mario Bros!
- flangola7 4y agoI think it originates from "frat bros" which has been a negative phrase since before the internet.
- DennisP 4y agoHow many would you consider acceptable to have an international banking system? North Korea hackers stole $81 million from the Bangladesh central bank, and it was only a fluke that they didn't get away with over a billion from that one hack. https://www.bbc.com/news/stories-57520169 https://www.bbc.com/news/stories-57520169 More prosaic wire fraud is common in real estate and B2B transactions, and if not noticed immediately the funds are often lost after being transferred internationally and cashed out. It wouldn't be surprising if NK is behind some of that, given what they managed against Bangladesh.