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polymutex
@polymutex.eth
Very cool, but can we hold off on onboarding normies until we have ubiquitous privacy? Otherwise, it feels like a privacy scandal in the making
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Daniel Fernandes
@dfern.eth
This is true, but also being in a physical location already reduces your privacy... like I could look over your shoulder and see what you're buying in line at the café. I agree that for stuff like medical billing/pharma we need to make stuff private to support HIPAA compliance (in fact, this might be a backdoor to privacy, even if congress doesn't want to pass new legislation).
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polymutex
@polymutex.eth
Say I own a small corner store. I hire a burly "security guard", order him to stand at the door. A guy comes in at 4AM. He's the only shopper in the store. Buys a pop w/ USDC. I see he has >200 ETH in the wallet he paid with. I blink at the guard twice, our code for "wrench attack time". 👨‍🔧 🤕 👩‍🔧
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Sebastian Bürgel
@scbuergel
I want to agree with you but the problem with [De]Fi degens is that they say "lmao, Binance fixes this"
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polymutex
@polymutex.eth
That argument implies uncharacteristically good opsec. Their phone wallet must only have a small amount on hand at all times (tedious to maintain), and that this same device _cannot_ have access to Binance (nor can they remember the password to it). ... And they may still take a beating on the spot despite all that.
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