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>Neuberger told journalists a new “black list” will also be created by the US treasury department to identify and highlight digital wallets being used to deposi

>Neuberger told journalists a new “black list” will also be created by the US treasury department to identify and highlight digital wallets being used to deposit and move ransomware payments. >The establishment of these information sharing platforms means that “if one country is attacked, others can quickly be defended”, Neuberger said. pardon the dust whilst I apply my 14th century naval hammer to this clearly 21st century nail.

tekla 3y ago
I'm fairly sure the 14th century hammer works just fine in hammering the 21st century nail.
- pixl97 3y ago
  Hey, but I can sell you a 21st century e-hammer with AuthentiCode licensing. Swing power savings of up to 2% can be achieved. (Requires constant internet connection).
  - malux85 3y ago
    Sell?! Where’s your recurring? It’s a subscription model (paid yearly up front), with mandatory upgrades and a brutal depreciation policy
    - deleted 3y ago
      [deleted]
- hotnfresh 3y ago
  Can we get letters of marque as NFTs? C'mon, anything to make the cyberpunk future less lame than it's turned out to be.
  - jowea 3y ago
    I honestly feel like the attackers operating out of Russia are 21st century privateers.
  - OkayPhysicist 3y ago
    Letters of marque aren't transferable, so making them NFTs is kinda silly. Their entire purpose is that the state has entrusted you, captain of the ship, to abide by certain rules (don't plunder our ships, take prisoners when possible). That said, cyber-privateering is actually a good idea. Cyberwarfare is in the same space as naval warfare was in the 17th century: it's not really an overt act of war, it's mostly committed by criminal organizations with the occasional big news state actor action, and there's a lot of money to be made.
    - hotnfresh 3y ago
      > Letters of marque aren't transferable, so making them NFTs is kinda silly. Precisely! These would be! This is the kind of innovation the blockchain enables! /s
- bee_rider 3y ago
  There have also been centuries of advancement on the idea of a hammer. The US and friendly countries have just a hammer, in the same way that a forge with a power hammer has just a hammer, or a wrecking ball could be seen as a complicated sledgehammer.
acdha 3y ago
Could you expand why you believe an old hammer doesn’t work with current nails? As a metaphor it seems completely the opposite of your intended meaning since it’s a good example of an ancient technology which still works compatibly. Adding wallets to a black list is highly effective because while there was a lot of dishonest marketing around blockchains improving privacy they’re actually perfect for censorship since a public ledger allows you to transitively taint every transaction downstream, significantly reducing the value of certain tokens and removing the ability of people to say they didn’t know the funds they are receiving were connected to a crime.
- nimbius 3y ago
  Ah yes, my Monero nails. https://en.wikipedia.org/wiki/Monero https://en.wikipedia.org/wiki/Monero Observers cannot decipher addresses trading Monero, transaction amounts, address balances, or transaction histories, but im sure my old 14th century hammer will address this issue somehow even though subaddresses can be created that arent even remotely linked to my main address. https://monerodocs.org/public-address/standard-address/ https://monerodocs.org/public-address/standard-address/
  - rnk 3y ago
    You just ban Monero then. If something is a problem, and you want to ensure financial visibility then ban all transaction types that hide visiblity, like banning mixers. This is separate from whether it's a good idea or not.
    - dogman144 3y ago
      And then you mix in DeFi. Or into and out of L2/HTLCs. Or via atomic swaps, which went live but are buggy, and won’t show the monero interaction. Or cross-chain. And on and on. Let’s ban it all?
      - rnk 3y ago
        Yes, that's where I think financial regulators are heading. And anyone who thinks for one second of course sees that these are also problems with cash that drug cartels deal with by sending bales of $100 bills around. And so we added kyc and discourage cash. I don't think you can ban people doing crypto entirely, but you can make the financial exchange points where cash goes in and out ever more difficult.

tekla 3y ago

I'm fairly sure the 14th century hammer works just fine in hammering the 21st century nail.

pixl97 3y ago
Hey, but I can sell you a 21st century e-hammer with AuthentiCode licensing. Swing power savings of up to 2% can be achieved. (Requires constant internet connection).
- malux85 3y ago
  Sell?! Where’s your recurring? It’s a subscription model (paid yearly up front), with mandatory upgrades and a brutal depreciation policy
  - deleted 3y ago
    [deleted]
hotnfresh 3y ago
Can we get letters of marque as NFTs? C'mon, anything to make the cyberpunk future less lame than it's turned out to be.
- jowea 3y ago
  I honestly feel like the attackers operating out of Russia are 21st century privateers.
- OkayPhysicist 3y ago
  Letters of marque aren't transferable, so making them NFTs is kinda silly. Their entire purpose is that the state has entrusted you, captain of the ship, to abide by certain rules (don't plunder our ships, take prisoners when possible). That said, cyber-privateering is actually a good idea. Cyberwarfare is in the same space as naval warfare was in the 17th century: it's not really an overt act of war, it's mostly committed by criminal organizations with the occasional big news state actor action, and there's a lot of money to be made.
  - hotnfresh 3y ago
    > Letters of marque aren't transferable, so making them NFTs is kinda silly. Precisely! These would be! This is the kind of innovation the blockchain enables! /s
bee_rider 3y ago
There have also been centuries of advancement on the idea of a hammer. The US and friendly countries have just a hammer, in the same way that a forge with a power hammer has just a hammer, or a wrecking ball could be seen as a complicated sledgehammer.

acdha 3y ago

Could you expand why you believe an old hammer doesn’t work with current nails? As a metaphor it seems completely the opposite of your intended meaning since it’s a good example of an ancient technology which still works compatibly. Adding wallets to a black list is highly effective because while there was a lot of dishonest marketing around blockchains improving privacy they’re actually perfect for censorship since a public ledger allows you to transitively taint every transaction downstream, significantly reducing the value of certain tokens and removing the ability of people to say they didn’t know the funds they are receiving were connected to a crime.

nimbius 3y ago
Ah yes, my Monero nails. https://en.wikipedia.org/wiki/Monero https://en.wikipedia.org/wiki/Monero Observers cannot decipher addresses trading Monero, transaction amounts, address balances, or transaction histories, but im sure my old 14th century hammer will address this issue somehow even though subaddresses can be created that arent even remotely linked to my main address. https://monerodocs.org/public-address/standard-address/ https://monerodocs.org/public-address/standard-address/
- rnk 3y ago
  You just ban Monero then. If something is a problem, and you want to ensure financial visibility then ban all transaction types that hide visiblity, like banning mixers. This is separate from whether it's a good idea or not.
  - dogman144 3y ago
    And then you mix in DeFi. Or into and out of L2/HTLCs. Or via atomic swaps, which went live but are buggy, and won’t show the monero interaction. Or cross-chain. And on and on. Let’s ban it all?
    - rnk 3y ago
      Yes, that's where I think financial regulators are heading. And anyone who thinks for one second of course sees that these are also problems with cash that drug cartels deal with by sending bales of $100 bills around. And so we added kyc and discourage cash. I don't think you can ban people doing crypto entirely, but you can make the financial exchange points where cash goes in and out ever more difficult.