Don’t get me wrong, I am highly skeptical. I also am genuinely curious because it seems to be in their best interest to delete these records for a few reasons:
1. Adherence to their own customer-facing policy.
2. Corporate or government customers would CERTAINLY want their data handling requirements to be respected.
3. In my experience at $MEGA_CORP, we absolutely delete customer data or never maintain logs at all for ML inference products.
4. They’re a corporation with explicit goal of making money. They’re not interested in assisting LE beyond minimum legal requirements.
Even in ANY jurisdiction you’d presumably need a contractual agreement with the issuer. IIRC only certain entities may redeem tether/USDC for cash. You at a minimum need an account! Not like I can just send those companies my tokens and get straight cash.
The whole thing is just asinine. The killer use case for crypto is dodging laws & regulation. Not even judging because that’s REAL utility!
How will you redeem your stable coin without some interaction with and approval from a bank? Where do you think the stable coin issuers hold their dollars?
I mean FFS the dang tokens are literally pegged to the dollar.
Arc always interested me for the UX and design choices (especially since I'm one of those who constantly has 100s of tabs open). But the account requirement is a hard blocker for me adopting as my daily driver. Anyone know of similar projects? I recall there being a arc-inspired linux-supported project, but they refused to sign their macOS release for god knows what reason.
> On September 16, 2024, the Linux Foundation and Amazon Web Services announced the creation of the OpenSearch Software Foundation.[15][16] Ownership of OpenSearch software was transferred from Amazon to OpenSearch Software Foundation, which is organized as an open technical project within the Linux Foundation.
OpenSearch is Apache License 2.0. You can do whatever you want to/with it. How are Elastic the good guys in your mind?
Monero is my favorite crypto project and the only token I still use today. Their randomX pow protocol is brilliant and the anonymity is opaque as you can get! Requiring those huge memory pages for efficient mining is a great solution for deterring mining botnets.
> I think the "dream" of truly private transactions was always unrealistic. Governments have many tools at their disposal to get what they want.
1. Adherence to their own customer-facing policy. 2. Corporate or government customers would CERTAINLY want their data handling requirements to be respected. 3. In my experience at $MEGA_CORP, we absolutely delete customer data or never maintain logs at all for ML inference products. 4. They’re a corporation with explicit goal of making money. They’re not interested in assisting LE beyond minimum legal requirements.
But still I wonder what the reality is at OpenAI.