this post was submitted on 15 May 2024
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MIT-educated brothers accused of stealing $25 million in cryptocurrency in 12 seconds in Ethereum blockchain scheme (www.cbsnews.com)
submitted 7 months ago by Wilshire to c/technology
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[–] garretble 91 points 7 months ago (3 children)

Crypto: “We don’t have or want government oversight.”

Also crypto: “Please, government, help us get back our made up money!”

[–] [email protected] 28 points 7 months ago

Effectively they speed run something like 400 years of banking regulation and its history.

[–] General_Effort 15 points 7 months ago

I mean, yes, but I can't help pointing out that all money is made up. The only difference is the purpose of the money system.