pull down to refresh
0 sats \ 0 replies \ @alex 18 Nov 2021 \ on: [🕵️♂️] IRS Sees Crypto Seizures Being Worth Billions of Dollars Next Year bitcoin
https://archive.md/SzBMA
I wonder how long before I'm in your situation. There may not be a bloodless way out of the predicament
Who cares? Does anyone still use their software? There's a reason Firefox market share is in a tailspin, while others like Brave, that embrace new ideas are trending up. The market will not be kind to these social justice luddites.
Gentle reminder about who uses these platforms: https://www.forbes.com/sites/thomasbrewster/2021/09/01/irs-undercover-on-a-bitcoin-and-cryptocurrency-trading-site-in-180000-sting/?sh=53d0898228e7
I remember when undercover drug enforcement showed up at Bitcoin meetups during the silk road era. It was so painfully obvious who they were since it was usually just aspys and junkies.
Still prefer them to the VC people that showed up afterwards. Insufferable is not a word strong enough to describe them.
Chris has some strong biases and an axe to grind when it comes to reporting on China (not that I'm judging one way or the other), but he is much more neutral when covering the US (assuming it's not US/China relations).
I find his reporting on US issues refreshing because he doesn't seem to fall into the typical red team / blue team dichotomy. All his emotional energy is directed at China. And it's clear why if you look into how he's being funded[1]. All that being said, he's still currently one of the best sources for, mostly neutral, US news coverage for people short on time.
This community is still small with a high signal to noise ratio. It's kind of like the old saying about people being mindful about garbage in cleaner cities and careless in messy cities.
Point being, more comments is not always a good thing. It takes a lot of effort to post something thoughtful. I'd prefer one sincere thoughtful comment to a thousand people parroting some variation of "in Russia, comment writes you". I do miss slashdot tho...
That makes two of us. I'm just trying to reason from first principals and experimentation. Anonymity is a tricky business, but a lot of fun to think about.
The attacker burns/locks a bunch of funds, but they recover the funds in fees, making the cost of the attack low again. What am I missing?
The attacker now needs to lock up resources. This is actually a big ask for a lot of enforcement agencies which have strict funding requirements for this type of work. But more importantly it should eliminate people running multiple maker bots to earn more in fees and as result compromising the anonimity set for the takers. You will make more as a maker by just puting all your resources into a single maker bot rather than splitting them up, which is more profitable without fidelity bonds.
Amazing work! Thank you for building this, it's a great resource and really showcases how cool lightning has already become. Can't wait for dark mode B)
Edit: nice