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Joined 1 year ago
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Cake day: September 17th, 2023

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  • There are a few ways that the court can get this money. Disclaimer I am not an expert in bankruptcy law.

    The most obvious one is what you said. The court can order the company’s assets to be liquidated and then the proceeds of the sales would be distributed proportionally among the creditors.

    Next they can go after the perpetrators like Sam Bankman-Fried and his crew. If they have any personal assets that they acquired as a result of their criminal activity at FTX, the court may be able to take some of that money to pay creditors.

    Lastly is “clawbacks”. Let’s say you invested $1,000,000 in FTX and you were one of the lucky ones and happened to withdraw $10,000,000 in proceeds during the height of the scam. The court could claw back up to $9,000,000 from you since all of those proceeds were the result of a scam, even if you had no idea that FTX was shady. This is typically how the courts recover money from ponzi schemes like Bernie Madhoff









  • For most transmissions of digital information (even those here on earth) there’s a concept of a “checksum”. Basically at the end of every message, there’s a special number, and you can do some math on the rest of the message to get that same number. If anything happened to change or damage the message in transit, the math doesn’t work out and so the checksum fails.

    I would assume Voyager works in a similar way so every time it receives a message it will compute the checksum and see whether it matches





  • The OMNY system in NY doesn’t require you to install an app on your phone. It’s tap to pay with any credit or debit card, even apple or Google pay. If you want you can still get a physical OMNY card and refill it, but it’s not required.

    Sounds like a skill issue on the author’s part tbh.

    Also fuck physical checks, online payments are 100x better. Writing all of your baking information on a slip of paper and handing it to someone is probably the least secure way to transfer money.


  • What a brain-dead take. If your threshold for true safety is “literally no one can force you to decrypt it or affect the system in any way” then of course it’s insecure, and so is everything else unless everyone writes their own crypto implementation yourself locally.

    “oh I compile my binaries from source so I’m safe”

    Someone could compromise the source repo and have it serve a compromised version to your machine. I guarantee you aren’t reading the entirety of the open SSL source code before you compile it.

    Anyone that takes this article seriously should read On Trusting Trust. It’s a very short essay that states the point much more eloquently than the post author that you eventually have to trust someone. Whether that’s Apple or Signal or some random maintainer of your crypto implementation library, you have to trust someone that it hasn’t been backdoored.