Ruining Gordon Gecko's day is one thing, scaring the hell out of every board of directors that they could be next is a level up.
(the company chosen would have to be small enough to make a difference of course and it would have to be a very strategic buy...many companies are structured with different classes of stock so that this would not make a difference. i am just saying that done right, a message could be sent).
Concerning the wallstreetbets/gamestop/reddit situation: now imagine what would happen if folks got together in a targeted way and bought stocks in one company to act as a focused "activist investor". Force shareholder votes on exec compensation, disinvestment, board makeup, diversity, lobbying, etc.
Something I don’t understand about defi in general...how is any crypto debit card on the Visa network “bankless”? Yes, you are paying ostensibly with crypto but each card is still issued by a bank (even if said bank lets someone privately label their card to call it something hip, the issuing bank is still found in the fine print of every card I have seen). Am i missing something here? I get crypto direct transfer to a wallet but using a debit card is de facto not “bankless”. Am I mistaken?
Yikes, glad I never signed up to loan any of my crypto to MyCred.
https://cointelegraph.com/news/cred-customers-demand-answers-after-platform-files-for-bankruptcy
So if Parler *did* get hacked (which is still unconfirmed as best as I can tell) and if they didn't actually delete those driver's license scans after verification like they said that they were going to....then someone has a hell of a lawsuit under the Drivers Privacy Protection Act. The minimum per violation in liquidated damages is $2500 per DLN. If just 10% of Parler's purported 1.5M userbase verified their accounts, that's $375M plus attorney's fees. Victims: hit me up, haha. :)
E.g.- Privacy Zuckering, Bad Default, Forced Registrations, Hidden Stipulations, Immortal Accounts, Address Book Leeching, Shadow Profiles and Information Milking...all "dark patterns" regulated and forbidden in most cases under the CPRA (if your for-profit company is large enough to fall under the scope of the legislation).
Now that the California Privacy Rights Act (“CPRA”) has passed, we are going to hear a lot about "dark patterns" in the next years. Web developers should be familiarizing themselves with this concept. (unless lobbyists find a way to kill it before Jan 1st, 2023 when it is supposed to come into effect or if it gets preempted by Federal law).
I am somehow less surprised by this than the fact that Trump has COVID-19. https://www.coindesk.com/sec-alleges-john-mcafee-pumped-tokens-for-profit?fbclid=IwAR1rRbQICK5o9mfZGGCftGJLZ5bnageZa4FgkkoKRq1OrgcRhfzpK7YTbag
4000 French Police Officers are identifiable with Facial Recognition https://capture-police.com/ @PaoloCirio@twitter.com
InfoSec. IP/Privacy Attorney. Resistance in Place. Just dipping my toe in the digital water of the Fediverse. Still lots to learn.