dgy on Nostr: In the fiat financial system, almost all transactions can be reversed, and the ...
In the fiat financial system, almost all transactions can be reversed, and the quality of data, programs, and security is often questionable, but if you can reverse transactions in the worst case, your sloppiness must not be deadly in most cases. Therefore, the marriage of bitcoin and the financial industry is somewhat ironic, because in bitcoin such sloppiness, when exploited by a black hat, is deadly, and you will never see your money again. The #LiquidHack, executed by a "grey hat," was a wake-up call for all the amateurish companies out there and for those that still did not understand that Bitcoin must be different in terms of coding and security standards.
Published at
2026-09-10 17:58:22 UTCEvent JSON
{
"id": "fc246da20ecea1d4da62c3ed3cfab43bfb8d37a0c1272e56165c0c423e57e882",
"pubkey": "1037eedf1f72856173808da8febabe93c49ba8d4ba204635ff600c01a8f70d42",
"created_at": 1789063102,
"kind": 1,
"tags": [
[
"alt",
"A short note: In the fiat financial system, almost all transacti..."
],
[
"t",
"LiquidHack"
],
[
"t",
"liquidhack"
]
],
"content": "In the fiat financial system, almost all transactions can be reversed, and the quality of data, programs, and security is often questionable, but if you can reverse transactions in the worst case, your sloppiness must not be deadly in most cases. Therefore, the marriage of bitcoin and the financial industry is somewhat ironic, because in bitcoin such sloppiness, when exploited by a black hat, is deadly, and you will never see your money again. The #LiquidHack, executed by a \"grey hat,\" was a wake-up call for all the amateurish companies out there and for those that still did not understand that Bitcoin must be different in terms of coding and security standards.",
"sig": "6733be230625e191f768fb54c11b5c5186ee7bbc77bffe77ae89804fbe8b4bb33031dc7cc980b82f7deecc142e274a391db02af0e7815e36e2f0f6d2d450b8c7"
}
