Monahan said she’d concluded that the common thread among nearly every victim was that they’d previously used LastPass to store their “seed phrase,” the private key needed to unlock access to their cryptocurrency investments.

All that ideological effort to continue relying on a cloud-based password system.

I was often amused how there is a group of cryptocurrency people who hyperfocus on some part of security and then not take the whole risk situation into account. People who brag on how secure they store their seed phrase, how many bits of encryption they just and gush about how great the bitcoin security all works and prevents the evil gov from hyperinflating their dollarinos or local equivalent.

And then also post stuff like ‘hey fellow coiners, I’m going on vacation to Portugal next week, I will be arriving at airport X at monday at 20:00, anybody want to meet up? You can recognize me by my bitcoin propellor hat.’ It is like they want to be rubberhosed.

Say what you want about John McAfee (no really he wasn’t a great person, so say what you want), but he at least he was the only one smart enough to bring private security to a cruise filled with crypto libertarians. https://lauriepenny.substack.com/p/ship-of-fools (I wonder how many of them got the hint and implied threat and realized that next time they should bring their own).

Why rob banks? Because that’s where the money is.

• Bonnie and Clyde, when asked why you NEVER use cloud-based password managers.

All the shows thematically isomorphic to Breaking Bad have plot points where the main character gets their cashola stolen because they weren’t aware that they themselves aren’t immune to crime. Simultaneously all these libertarian chuds think they are libertarian ubermensch Walter White (minus the lung cancer). Hey! At least skim the wikipedia summaries of the episodes, you turds.