Elemental ⬡

I’m starting my Solana + RWA arc and y’all are sidelined If you’re jobless, joining me is your best bet

Zach, I am not trying to virtue signal anything. I am saying that when people make mistakes (especially of this order of magnitude) they should at minimum apologize and take accountability for it. From the moment we found out about the Drift exploit, we communicated what we could and I answered questions from sad people, angry people, rationale people, irrational people. I didn’t want to do that; nobody wants to face an angry mob. But I did it because I knew it was the minimum that I should do. And yes, Elemental unfortunately had worked with Keisuke (or whatever his true name is) some time ago before eventually discovering he wasn’t who he claimed to be. But as you can see, even with that history, users never had to wake up to seeing losses on their account until this Drift incident. Maybe because we kept stuff isolated? Maybe it was pure dumb luck? I don’t discount that our favorable outcome took some stars aligning. I count my blessings all the time. But you can be damn sure that I would at minimum faced my users and kept them updated on whatever was going on and whatever we were going to do, accepting full accountability. I don’t think the crypto world is going to get safer. In fact, I think it’s going to get even more dangerous. As numbers climb higher, more elaborate schemes are going to get hatched. Nations have spies planted literally for entire lives. If billions and trillions are at stake, that’s going to be the likely direction. But we should at least have the humility to own up and apologize when we done messed up.