androidsixteen 🌲
@androidsixteen.eth
Kind of sad how a major data breach is basically a nothingburger nowadays The market shrugs it off, people are too exhausted to care, and antiquated KYC policies don’t change When a society lacks the collective will to change clearly detrimental patterns, it has accepted its decline (the opposite of “it’s always day 1”)
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keccers
@keccers.eth
I don’t find it particularly detrimental that a company I do business with knows who I am. I find it detrimental that in cost cutting efforts they employed people possibly more desperate and low ethics than Americans That said, it stands to reason the entire world will become this — desperate and 0 morals — which point a re-evaluation of KYC will be necessary just because the tatters left of the social contract will be pulverized but we still have to do business
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Metaphorical
@hyp
Trust in the rule of law is the ONLY thing that differentiates advanced vs “developing”’economies. You hire a conman to destroy all that enables it, you become one of those “shithole” countries.
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Metaphorical
@hyp
And what is responsible for trust in the rule of law? Strong institutions! If you are anti-institutionalist, it sounds sexy, but there aren't great alternatives yet. Let's make institutions better in the meantime. If something is broken, the solution is not to blow it up, as fun as that sounds.
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