And then there are centrally issued and controlled coins on private, permissioned ledgers a.k.a. databases. But most cryptobros never cared about the technology nor the political goal, so anything can be called a cryptocurrency as long as it's a medium for gambling and speculation outside the regulated financial framework.

Now the traditional banking system is basically rebuilt in crypto. The banks are busy the exchanges. The EU even talk about making it illegal to store money in your own wallet.

When I first bought bitcoin, I put 10% of my net worth in it. That was long time ago and it has appreciated nicely since. But if I were to lose my bitcoin, I would not be devastated.

I believe in the tech and the movement behind it, but I also never put all my eggs in one basket.

I've made this comment before, but crypto always makes me think of bearer's bonds in fiction, where they always introduce the concept and very carefully emphasize to the characters that if they let go of it, even for a second, it's gone, and it's super important to keep hands on them at all times, and the whole scene is just on the nose foreshadowing that the bearer bonds will absolutely be stolen.

Well, the concept of "this belongs to whoever is holding it" felt like pretty heavy-handed foreshadowing for crypto too, and what do you know?

Marge: Homer, what are you doing?

Homer: Listen, do you want the job done right or do you want it done fast?

Marge: Well, like all Americans, fast, but...

Homer: Clear _lights firecracker_

Andy's quote is made even more absurd when you consider how long it takes Proton to deliver even industry baseline features.

Maybe get to baseline before you start talking about "speed", Andy.

Works for whom? For the customer, "works" means the features work. Security is a vague, nebulous thought at the back of their minds.

The provider provides features. Lack of security has no impact on them, not in the short term and not in the long term. The short term we can't change easily, because people are people. The long term we could: regulation can turn negligent security into a lasting cost.

As much I'm against more regulation in general, I'm afraid as long as we don't do that, companies will always prioritize more features faster over security.

The world economy is also being propped up by all of this. In all likelihood, this Binance hack is only a preview of what's to come.

People seem to think Proton Mail is a serious organization. His tone is the least of the problems.

To build up a decade of goodwill to just admit to being reckless with our data is unacceptable.

Calling his customers (by proxy of his employees) losers for wanting security is wild.

The bottom line is that we are in a new world. "CEO" & "CTO" is dead.

Engineering is not, nor is expertise. Your new job as a builder is to build your own thing and directly undermine all potential profits at shithole companies like Proton.