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Re:Shorting Tether for Fun and Profit by yieldcrv on Sunday January 08, 2023 @10:17PM (#34306305)
because the best practices from 2011 are still the best practices in 2022 and nobody looses the assets held according to those best practices and everyone that doesn't follow them can be ignored

thats why people keep saying it

it just isnt different enough to say that frequently occurring new problems that were introduced by the concept discredit the entire concept. ATMs never solved skimming, lets write an article about user or bank losses every day about that and pretend it doesn't work well most of the time for most people just because you dont see articles about that and never use it yourself, silly idea right? It still works fine. Analogies compare dissimilar things with at least one similarity, in this case its an introduced problem that isnt solved but didnt change the course of its existence. Same for debit/credit card payment processing over the internet, lots of fraud, whether the user experience of reversal occurs or not, the problem isnt solved and the course isnt changed.

Re:Shorting Tether for Fun and Profit by harambae on Monday January 09, 2023 @09:29PM (#34319642)
> ATMs never solved skimming

They actually did with the emv chipped cards and mutual authentication, not that this was your overall point but still.