Jones Tromboneses ( 🌻 , 🌻 )

"Power tends to corrupt and absolute power corrupts absolutely. Great men are almost always bad men, even when they exercise influence and not authority: still more when you superadd the tendency or the certainty of corruption by authority." Lord Acton

@WarMonitors Austria

✍️Now that the worse is behind us but while everyone's attention is still on the mattter I am writing a bit of a longer post on this industry's architecture and security practises. @Ledger messed up badly. Having practically no opsec, no proper credential management, and not revoking former employees access and credentials. Amateur hour, and extremely embarassing for a company their size whose entire focus is supposed to be on security. Really bad. But surprisingly they are the least to blame for this failure. This industry has a serious problem. It preaches one thing and does another. Preaches decentralization, and nobody runs their own node. Preaches user being in control and don't trust verify, but everyone uses SaaS and centralized frontends. What you people call "dapps" is a joke. A farce. Centralized SaaS frontends that can monitor you or worse. Apps that are hosted by someone else and can change at any point under your feet. That's not what a decentralized app is. It's a travesty to even use this terms for the apps this industry has available right now. 🐦 I have devoted the last 5 years of my career trying to bring local apps and local-first software back into play. I am a strong believer in self-sovereignty, data ownership and decentralization and this is embodied in @rotkiapp. I want us all to start becoming more aware of what we use and how we interact with web3, otherwirse before you know it web3 will vanish, and this dream of self-sovereignty and the user being back in control will go away with it. To the users: Question every single tool you use. See what it does with your data, where it stores it, how it manages its dependencies, what its security practises are etc. Check the track record of its team. Do your due dilligence. If the tool is anywhere close to your funds, addresses or any private info be extra dilligent. You may not be able to do your due dilligence. Find someone who can! This is not something to just brush off in the name of convenience. Today you see what happens when you do so. To the devs: - Whatever you do, pin all your dependencies. Never ever just yolo pull the latest dependency. Freeze all of them all the way up to the smallest transient dependencies. If you are in JS and are pulling from a CDN then pin the hash too in case the CDN itself is compromised. Otherwise just serve/bundle your dependencies. Today's tragedy was preventable by this simple thing. - Build local-first. Respect your users, give them choices on how to consume your app. This is web3 damn it. Let them save their data locally, let them use their own node, let them self-host the app, let them inspect the code, be opensource! - Avoid centralized points of failure. Using a common library's latest version unpinned from a CDN is one such point of failure. But there is a lot more. Using only infura and/or alchemy. Using centralized indexers (especially if their number == 1). Hosting your app in a single server without any self-hosting capabilities. And so many more ways to fail ... This can probaly get a lot longer but I will stop here. Again I want to re-iterate. Ledger is definitely to blame here but the lion's share of the blame is on our industry and its software engineering practises. Let's stop regressing back to web2 and build the true vision of web3. A world where the user is self-sovereign, owns their data and is free. Freedom is what all this is about.

@marquelawyers Afraid to say more?

It is not ok to bomb a childrens’ hospital.

@BillyM2k @TiffanyFong_ Nah it's a pretty thick darn line if you have your eyes open. You're just easily conned.

Sam Bankman-Fried on the prospect of life in prison.

@GwartyGwart My normie friends often try to besiege Byzantine. I tried to help them but they couldn't figure out metamask.

We’ve poured 10s of billions of dollars into DeFi investment and there’s not a single protocol that I could show a normie friend and say “this solves a problem for you.” Outside of stables for some people, does an application exist for which you’d recommend someone onboard?

@GwartyGwart My normie friends like to gamble. Crypto allows them to gamble without the government getting in the way of their own self destruction.

@Lisa9Sophia @DavidPocock Lol @Lisa9Sophia thinks she's got 24/7 access to Parliament House......

@DavidPocock 😂 Pocock certainly isn’t a man of the people Typical of the teal class. Keen to make parliament off limits to the public, and keep it nice and exclusive

We're now up to 2,020 people with unfettered, 24/7 access to Parliament House. We have no idea who these people are. This is a huge transparency fail that doesn't live up to community standards. #SenateEstimates

@AustinScottGA08 Austin, in 2021, you were the top political trader. You sold FuelCell Energy, $FCEL, on 2021-01-14, after buying on 2020-10-30, for a 780% gain. You sat on the Commodity Exchanges, Energy, and Credit subcommittee. Any comment?

@GwartyGwart @ann0x_t Can't or won't?

@ann0x_t I honestly could not tell you what these people do

Kind of crazy that there are realistically 30-40 people in the entire world that have expert level knowledge on the Israel-Palestine conflict and literally every single one of them is in my cryptocurrency group chat

@adamscochran This is a boring an obvious take though. Netanyahus policies have failed. Citizens were told that his hardline approach would make Israelis more safe. They did not achieve this at all.

Like you can think both that the situation in Gaza is bad, and that Hamas is an extreme terrorist group who committed atrocities. Those are not mutually exclusive. But you cannot call the slaughter of unarmed civilians freedom fighting.

Look man I’ve got a lot of room for grace when it comes to the concept of freedom fighters. Even if I don’t recognize your cause, if you are fighting military and political targets, you’re within the bounds of war. The line of freedom fighting versus terrorism is hazy, but, shooting up musical festivals and firing missiles at civilian airports when people are fleeing a warzone are clearly on the wrong side of that line. There is no atrocity, that justifies raising arms against innocent civilians. Nor gunning down women and children. Both sides have done wrong in their history, both sides have treated each others citizens poorly, both sides have blood on their hands. But, in this conflict, one side has chosen to cross a line that has no justification to ever be crossed. The oppressors of Gaza are not the Israelis. The oppressors of Gaza are Hamas extremists who have co-opted a desperate people with extremist propaganda to carry out an agenda of terror.

@RealCynicalFox Isn't the idea to learn from others mistakes?

As Israeli casualties continue to increase, the IDF mobilizes its personnel, and the calls for restraint and diplomacy begin to pick up steam - usually coupled with the shrill demands to behave "like a democracy!" - I think some context is helpful. The US lost just under 3,000 casualties on 9/11. In response we began 20 years of warfare that directly cost around 1 million people their lives with the aim of securing our citizenry from further attacks. Israel has been dealing with terror attacks on its citizens virtually since it was founded in 1948. In light of America's own response to a mass casualty terror attack on our soil, it is beyond hypocritical to urge Israel do any less than whatever it deems necessary to secure the safety of its own citizens. watson.brown.edu/costsofwar/fig…

@jamesjansson @amymcquire Fair point I shouldn't have overinterpreted what you were saying. I assumed it was another innocent civilian argument whose purpose is to shut down conversation about how the situation got to this point.

@JonesTrombones @amymcquire I'm not saying you have to choose the side of Israel. I'm a strong critic of Israel. I'm saying if you suddenly publicly support Hamas today, it sounds a lot like you want civilians gunned down in the streets.

@jamesjansson @amymcquire This is the logical result of Israel's apartheid policies. You don't need to pick a team of good vs evil on everything you see.

@amymcquire The Palestinian gunmen are shooting at civilian cars. At least think about what you are saying before you Tweet.

@adamscochran My bigger concern is what kind of dystopian economy we have built that lots of people getting jobs is bad for business?

Fuck I thought today was Friday. Tomorrow should be fun. Biden commenting on the numbers means it’s a big swing, my guess would be doing victory laps on higher than expected numbers which would be rough for markets here.

1/25 The past few weeks I've been suggesting Binance had OFAC violations and yesterday called out that Binance was laundering Russian money. Today they announce they are selling their Russian business to Commex. The one problem, is Commex doesn't really exist...

@ssv_network Please post the official discord that we should use.

As stated, everything is back to normal. After preliminary checks, no damage has been done, as the attack only lasted for ~1 hour, due to the team's fast response times. We are still investigating this, so if you've been affected, please reach out to us via Twitter or Discord (with proof) and we will do our best to make this right 💙

🚨THE SSV DISCORD HAS BEEN COMPROMISED 🚨 Please DO NOT click on any links claiming to give you an airdrop or anything of the matter. We are sorting this out ASAP. Stay SAFE!

@aditya_baradwaj When did you realise FTX was breaking the law?

As an engineer at Alameda Research, I had my entire life savings stolen from me by my former boss: Sam Bankman-Fried. Now, after months of recuperation from the craziness of the FTX collapse, I’m ready to tell my story. Let’s start at the beginning: (1/25) 🧵 #SBF #FTX

@PeterZeihan Someone correct if im wrong, but I understood when money supply exceeds the goods and services produced, it creates hyper inflation.......what you described would be the opposite ..... i.e. hyper-defltion? Still terrible for an economy nonetheless.

After today's video, all the leprechauns out there might be mad because we're talking about GOLD. And unfortunately, there's no treasure at the end of the rainbow this time... Full Video and Newsletter: mailchi.mp/zeihan/why-fia…

@RyanSAdams You clearly haven't been paying attention.

If you hate worldcoin then build something better. Cause the alternative right now is AML/KYC.

There is already @BrightIDProject, @IdenaNetwork, @civickey and more. AML/KYC is not the only alternative. Each approach has their pros and cons, but imo Worldcoin with its current design, marketing, token distribution and approach is undesirable. Even normal KYC feels better