Jamie Thingelstad

Privacy & Security

From The Economist, World in Brief, February 24 2023.

Sam Bankman-Fried, a former billionaire and founder of FTX, a collapsed crypto exchange, was charged with four new criminal offenses, including conspiracy to commit bank fraud and securities fraud. Prosecutors allege that Mr Bankman-Fried developed a “series of systems and schemes” through which he could “access and steal” billions of dollars of customer deposits. Mr Bankman-Fried has pled not guilty to all of the eight original charges against him.

Bankman-Fried was a criminal mastermind more than any crypto mastermind.

Facebook’s opposition to Apple’s privacy enhancements on their platform is a strong positive signal. The fact they are so worried about it validates that these actions must be meaningful in the fight against surveillance.

Amazon’s marketing strategy with Ring seems to be:

  1. Make you worry about something you weren’t worried about yesterday.
  2. Sell you a product to try and counteract that worry they created for you.
  3. Try to distract you with technology that seems from the future.
  4. Give lip service to privacy concerns.
  5. Create a large volume of data to sell you more things.