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Re:Sex Worker-Led Payment Platform Shuts Down After Being Cu... by KronisLV on Thursday March 23, 2023 @08:17AM (#35273527)
> If only there were something like a public bank ledger that belongs to everyone...

Feels like proper legislation might also be a solution to the human problem, rather than just throwing technology at things. Maybe both?

Of course, neither may actually be feasible in some places.

Re:Sex Worker-Led Payment Platform Shuts Down After Being Cu... by RunSet on Thursday March 23, 2023 @08:52AM (#35273951)
> Feels like proper legislation might also be a solution to the human problem, rather than just throwing technology at things. Maybe both?

Possible compromise:

We try the decentralized public ledger. Then, should that fail, we can still attempt to legislate morality for the... well, darn- I've lost count of the failed attempts but maybe it will work next time.

Re:Sex Worker-Led Payment Platform Shuts Down After Being Cu... by cawest11 on Thursday March 23, 2023 @06:45PM (#35282511)
Motherfucker, the entire crypto industry is in the middle of a collapse. It lasted less than a decade at scale and that’s just the 10% that weren’t an out and out scam (I lean toward that number being closer to 0%, but I’ll throw you a bone since you sound like you’re caught up in it).
Re:Sex Worker-Led Payment Platform Shuts Down After Being Cu... by x-complexity on Thursday March 23, 2023 @11:10PM (#35284604)
> Motherfucker, the entire crypto industry is in the middle of a collapse. It lasted less than a decade at scale and that’s just the 10% that weren’t an out and out scam (I lean toward that number being closer to 0%, but I’ll throw you a bone since you sound like you’re caught up in it).

1) Stick to overcollateralized stablecoins (MAI, DAI, FRAX, sUSD, sEUR, etc.) & Layer 2s (Arbitrum, Optimism, zkSync). If you're okay with the centralization risks, then USDC & fiat-backed stablecoins can enter into the picture.

2) Account abstraction's an important step in providing the necessary security & recovery features to make it easier to use & secure. One of the parts required was ERC-4337, which has been in the works for some time and was recently publicly announced.

https://github.com/ethereum/EIPs/blob/master/EIPS/eip-4337.m...

Before the contrarians come in for the quick gotcha and say that it bring in centralization: That's been made painfully aware multiple times over. However, Vitalik's 2021 post on social recovery wallets puts it best:

https://vitalik.ca/general/2021/01/11/recovery.html

> One common response to suggestions to use any form of multisig, social recovery or otherwise, is the idea that this solution goes back to "trusting people", and so is a betrayal of the values of the blockchain and cryptocurrency industry. While I understand why one may think this at first glance, I would argue that this criticism stems from a fundamental misunderstanding of what crypto should be about.

> To me, the goal of crypto was never to remove the need for all trust. *Rather, the goal of crypto is to give people access to cryptographic and economic building blocks that give people more choice in whom to trust, and furthermore allow people to build more constrained forms of trust*: giving someone the power to do some things on your behalf without giving them the power to do everything. Viewed in this way, *multisig and social recovery are a perfect expression of this principle*: each participant has some influence over the ability to accept or reject transactions, but no one can move funds unilaterally. This more complex logic allows for a setup far more secure than what would be possible if there had to be one person or key that unilaterally controlled the funds.

Re:Sex Worker-Led Payment Platform Shuts Down After Being Cu... by jjk166 on Thursday March 23, 2023 @11:35AM (#35276433)
Legislation hasn't even been able to fix people dying due to daylight savings.
Re:Sex Worker-Led Payment Platform Shuts Down After Being Cu... by aobdev on Thursday March 23, 2023 @11:55AM (#35276713)
Can you elaborate? I’m assuming things go wrong when people don’t get enough sleep but I’m otherwise unaware of the dangers of changing the clocks.
Re:Sex Worker-Led Payment Platform Shuts Down After Being Cu... by mcronce on Thursday March 23, 2023 @12:02PM (#35276856)
NHTSA stats show increased traffic fatalities following the time change every year
Re:Sex Worker-Led Payment Platform Shuts Down After Being Cu... by aobdev on Thursday March 23, 2023 @12:06PM (#35276920)
I’m sure this is true and can be attributed to DST, but do we know if this would be worse than traffic fatalities caused by commuting in the dark during winter months without DST?
Re:Sex Worker-Led Payment Platform Shuts Down After Being Cu... by belorn on Thursday March 23, 2023 @09:09PM (#35283774)
Interesting question. One would have to first account for changes in light conditions in the morning, and then changes in light conditions in the evening.
Re:Sex Worker-Led Payment Platform Shuts Down After Being Cu... by baremetal on Thursday March 23, 2023 @04:54PM (#35281123)
Daylight savings time can affect the heart, according to the American Heart Association[1].

[1]https://www.heart.org/en/news/2018/10/26/can-daylight-saving...

Re:Sex Worker-Led Payment Platform Shuts Down After Being Cu... by cykros on Sunday March 26, 2023 @06:05AM (#35312812)
I mean, they did, last year, and we're done changing clocks now, at least in the US, after this last change. At least until what happened last time we tried this (in the 70s) happens, and kids start getting hit by cars while going to the bus in the dark all winter long. Though perhaps the glow of their phones will save them this time around.