Been feeling like it’s the beginning of the end for a while now… I have good security hygiene, but I am sure enough of my sensitive info has been leaked by various “trusted authorities” (I mean, fucking Equifax) that someone could ruin my life if they wanted to. You just stay vigilant and hope that doesn’t happen I guess.
Just a roll of the dice at this point. The USG has basically mandated that all of your most private identity information be turned over to global bad actors via their AML/KYC regime.
I hear about lives being ruined or even just "identity theft" happening less often than it seemed to, but perhaps it's just my filtering is better. Still, given that to a first approximation the full details necessary for a fraudulent line of credit to be opened in the name of every US adult have been out there multiple times for years, and yet this hasn't happened to everyone, indicates something in the system works against it. Maybe something as simple as physical mail delivery/verification cuts down a lot of avenues of abuse for the average person.
My speculation on this is that China/Russia/whoever targets ISP's in order to identify people by IP that have come to their attention somehow.
Your credentials aren't the only point of interest, your credentials gives up subscriber information name/email/address/etc. That's pretty valuable from an intelligence standpoint.
Fungibility means that one thing can be differentiated from another. In a basic sense, drops of water are fungible. Dollars are non-fungible, because 1 dollar is not equal to another cash dollar. That other cash dollar could be from a set of marked bills stolen during a drug buy, or it could be a rare serial number making it more valuable. It's a binary state of "is this thing completely indistinguishable from another of thing of its kind"
fwiw, the person you're responding to doesn't seem to be using the word in this manner.
I am using it in that manner. Ethereum OFAC compliance is enforced at the protocol level [1] so not all Ethereum are equal. Just like your "drug buy" example, some Ethereum are tainted. In fact, thanks to the public blockchain, I would argue crypto is far more "non-fungible" than marked cash.
In general, cash is fungible. You gave an example of a "shade of fungibility" with marked cash used in crimes. Unfortunately, reality is not binary. Ethereum is fungible to the (increasingly small) non-OFAC compliant nodes, but non-fungible to the OFAC compliant nodes.
I don't understand how Tornado Cash (DPRK tool to evade sanctions) + Office of Foreign Assets control made Etherum non-fungible either, sounds like rambling to me
Not until post-scarcity (if it's even achievable).
Until then, Gresham's Law is at work, and cheaper products and services that are of barely acceptable quality along their happy paths are going to dominate markets.
It's hard because your security department probably sucks. And so does your company culture. Do not take it personally, it's certainly why my employers can't find people fit for the space.
A large part of the problem is political cronyism and the incredibly tedious culture that develops when you get a lot of people with very few skills together to talk about something they know nothing about.
I'd legitimately take less money if I could somehow be convinced an employer isn't a piece of shit. If I'm going to work for an asshole, I will be well paid. I think this is a reasonable stance most people in the space take. That, or retiring and having a communal garden.
