Age based verification on the Web produces perverse incentives to track users and limit human rights.
The web3 community should not make this the "solution" to compliance. ZKPs are great, but don't appear to be able to solve these fundamental issues.
https://t.co/o4r9g37DRI
I hate asking for money. But that’s how the system works.
Legal defense isn’t free, and I need the community’s help to keep fighting.
Please donate, share, or retweet → https://t.co/lx9E4ILDrn
Until this case is dismissed, building DeFi - protocols, UIs, tooling carries real legal risk for everyone in this space. The outcome here affects all of us.
reminder that the united states of america is trying to jail a guy that wrote non-custodial code to help people keep their onchain activity free from surveillance
he did not launder money, did not have central control, his code was immutable. he did not commit any known crime. in fact, he did everything that fincen says and hired lawyers ahead of time just to make sure. didn't matter
he wrote code that individuals can keep their privacy. and they are trying to put him behind bars for this
the dutch have already convicted his cofounder
you can rug an entire country by releasing countless shitcoins, bomb whoever you want, but god forbid you write immutable code that keeps your finances private
A fresh set of neocypherpunk reading recommendations, this time from @pryvitkyle of @brave.
Books
• Underground Empire — Henry Farrell & Abraham Newman
https://t.co/whk0kBosNp
• This Is for Everyone — Tim Berners-Lee & Stephen Witt
https://t.co/MwQQJrh2Mj
• The Unaccountability Machine — Dan Davies
https://t.co/AFT3QBEFY2
• Snow Crash — Neal Stephenson
https://t.co/TWt0zQAtzC
#neocypherpunkrecs
"In short, the Trump administration is telling you that it is ending debanking – while in reality, it is causing the debanking of its political opponents like no administration before."
Attention Zodl users: Orchard-related transactions are temporarily unavailable while Zcash miners complete the network upgrade. Please expect limited Zodl functionality.
The following features are currently unavailable:
• Swaps to and from ZEC
• Sending Orchard shielded funds
• Receiving Orchard shielded funds
• Shielding transparent funds
You can still receive funds to your Zcash Transparent Address and Zcash Shielded Address via Sapling.
Your funds remain safe. Your privacy is unaffected. No action is required.
We expect normal operation to resume once the upgrade is complete at approximately 23:00 EDT.
Questions? DM @zodl_support or [email protected]
An update on the Gnosis Pay incident. As of now, the issue is fully contained.
We expect to begin enabling operations in batches on Wednesday evening (GMT+2), with the goal of restoring normal card usage progressively after that. 🧵
It kills me to see posts about the need for financial decentralization while I'm sitting here in my financial institution that is decentralized. 4000+ independent, small banks like mine that have been revolutionaries for our communities while keeping the US financial system safe for centuries. #banksmall
Community banking is the original DeFi. Consolidation of our banking industry without the formation of new local banks hurts local economies. If stablecoin further erodes that local lending power, we're going to have real consequences for small businesses, consumers, and homebuyers leading to local economic deceleration.
The Ethereum ecosystem is lucky to have Friederike, Martin, Stefan and the entire Gnosis team on its side.
The products they built are really useful and have pushed the space forward. But what stands out most is how they handled themselves under pressure these past years. Owning problems fast, in public and standing behind their users every time. Today was no exception.
Not sure what to say in moments like this except: thank you. Keep being awesome.
Free speech protects “the thought that we hate.” All opinions get it. Whether you protect the opinions that least deserve it is the test of whether you believe in free speech.
You failed the test.
Age based verification on the Web produces perverse incentives to track users and limit human rights.
The web3 community should not make this the "solution" to compliance. ZKPs are great, but don't appear to be able to solve these fundamental issues.
https://t.co/o4r9g37DRI
Unfortunately, there is a hack related to @gnosispay and the "delay module".
Please be patient while we try to contain the damage. Rest assured, Gnosis will cover all user losses.
‘Papers, Please: A First Look at Age Verification in the US’
https://t.co/NA3sLOjiQZ
“ We found that, despite these mandates causing widespread balkanization of the web and a myriad of privacy issues, age verification is largely ineffective”
its pointless for crypto projects to precomply by weakening their privacy, because the surveillance state is just interested in protecting their capacity to surveil even if it goes far beyond the written rules. they will always want more than you compromised
@jaosef@yeluacaM@AztecLabs_ Look through the sanctions list. Many of them are corporations that have some financial relationship with a specific individual who’s doing thing treasury doesn’t like. If those records aren’t retained then they don’t have track these relationships and prevent circumvention
@jaosef@yeluacaM@AztecLabs_ So who retains the information that gets examined and how did they acquire the information in the first place? I’d recommend reading: https://t.co/zB9TsuRit2
The whole premise of BSA is to have all the records to examine later and find who to sanction at a later date.