I spent less than 5 seconds thinking about a proposal that would freeze "quantum vulnerable" Bitcoin addresses.
This isn't an issue that requires deep thought.
The answer is simple - fuck off.
MtGox was a more catastrophic theft than quantum will ever be.
* 70% of all trading volume
* 850,000 bitcoins stolen from them
* 6% of all bitcoins that existed at the time
* Roughly 1/10th of the entire marketcap of Bitcoin
Look where we are now.
Quantum Computing board room:
“Sir we’re entering dangerous levels of 5 years away”
“Oh no, how 5 years away are we?”
“We’re now way more 5 years away than we were 30 years ago”
@awesomekling Bluesky has been an incredible gift to the internet. Nobel-prize worthy achievement to induce such a successful a self-quarantining scheme.
@Bogorad and in my previous attempts, no model could solve it even with hints, so I just gave up :) grok solved it, but from my point of view, what is more valuable is that he explained the complexity
@Bogorad there were hints of course. I first checked that he still couldn't handle this task. but for the first time (as far as I can remember), he explained what the difficulty (for LLM) was.
The enterprise card provision loophole how you're able to get a card (typically credit) through services like ramp without ever performing kyc for each employee.
Because it's considered an enterprise and not generally retail facing product, the rules here are a lot flimsier.
So what these guys did is set up a ramp like competitor, except instead of provisioning cards only to organizations, they're provisioning them to retail by calling each end user an employee.
This is the kind of abuse results in hard kyc across the board
This epidemic of no-kyc cards is going to upend the industry soon.
Blatantly advertising support for Iran, using the enterprise card provision loopholes…
I'm not sure you'll have time to respond, but I'll ask anyway since you're offering :)
I use your credit product, and yesterday, after receiving a margin call notification, I successfully increased the LTV of my loan, no complaints here.
This in itself is not a problem for me, but what bothers me and why I didn't improve the LTV in the first place while borrowing is your withdrawal limits (which are quite low and denominated in fiat).
I can understand them in the case of fiat money withdrawals. Or in the case of withdrawals of BTC that I bought on your platform (although in this case, I understand it less).
But the limit that restricts me from withdrawing my own BTC which used from collateral doesn't seem very cyberpunk for me :)