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RE: Coinbase Listed on S&P into Data-Breach

in LeoFinance5 months ago

"...customer reimbursements..."

Doesn't jibe with

"...at no time were any of the targeted contractors or employees able to access customer funds..."

If no funds were purloined, what are customers being reimbursed for?

"These corporations cannot be trusted with our data and the government has no right to demand it..."

No one and nothing has a right to anything that is ours. If they have a right to it, it's theirs. What is ours is ours. This exemplifies how money, including crypto, is not wealth, because it cannot be secured from theft. Crypto using decentralized anonymous exchanges and zero knowledge proofs can be secure money if it is communicated on privately owned networks, and the owners can secure those networks from hostile actors. That situation does not exist today. Until it does all financial assets are 'ours' by permission of CEX's, banks, and the owners of the physical devices that transmit the data, the satellites, radio stations, and cables on which network protocols depend.

If they can take it from you, it was never really yours.

Thanks!