Bruce Schneier on Signal's cryptocurrency adventures:

"""

It’s not just that blockchain is just plain stupid. It’s not even that Signal is choosing to tie itself to a specific blockchain currency. It’s that adding a cryptocurrency to an end-to-end encrypted app muddies the morality of the product, and invites all sorts of government investigative and regulatory meddling: by the IRS, the SEC, FinCEN, and probably the FBI.

"""

www.schneier.com/blog/archives…

@clacke Maybe I'm weird for liking interoperability, but why does Signal need to integrate a specific currency crypto or otherwise? Especially now that we have payto: URIs standardized?

Follow

@alcinnz @clacke I guess the idea is to make it easy to discover who sent the money that just dropped into your wallet. You also need to generate a proof that you sent the money and forward it to your contact, payto is not sufficient here.

Sign in to participate in the conversation
Anarchism Space

The social network of the future: No ads, no corporate surveillance, ethical design, and decentralization! Own your data with Mastodon!