We Talk Friday
(WTF)
This is a semi-regular series that I will run on Fridays to hold discussions on a current topic from the week gone. The aim is to keep them light and conversational, though some might be heavier - regardless of the content topic itself though, just have some fun engaging and discussing with whoever happens to put in the effort in the comments section below.
We Talk Friday Ep. 77: Hermit Kingdom Come
1. NKOTB
(North Korea on the Block)
Apparently, the 6.3B hack of Binance yesterday was performed by an elite North Korean hacking unit for what is the largest crypto hack in history. Well, that is if you don't count the Mt. Gox hack which was 450M at the time but is worth about 65 billion today.
Binance has promised to cover the loss themselves from their reserves, which is good news in some way, but this is going to happen more and more. Security is never going to be secure enough from now on.
But, all of this is good news for the starving and repressed North Korean people, as Kim Jong Un has promised to spend the ill-gotten gains on advancing NK missile technology.
2. Pervert Mansion
Crystal Hefner who was married to the late Hugh Hefner for six years before he died, has been "naming and shaming" the men who visited the Playboy Mansion as sexist and misogynistic. And she would like to help dismantle the patriarchy.
Ummm... it is the Playboy Mansion.
She accused Hugh Hefner of rape and incest as well as sexual abuse, as well as lots of other disgusting things, yet stayed married to him until he died, participating willingly in these things. Are these women brainwashed to be there, is it human trafficking, or are they there by choice?
All I can say is the very wealthy and the celebrities all seem to be fucked up.
3. Lady Goog Goog
Both Google and Intel have taken a bit of hit to their share price in the last few days, with Intel getting rekt on the back of news that the PC market will caused reduced earnings. The reason for Google's loss was the impact AI has had on its ad revenue, which is by far its largest revenue stream. I guess there is some good with using AI.
But compared to the hack of Binance of 6B, the Google stock fall valuation is around 500B in value. Some one lost a bit, someone gained a lot on some shorts.
The sad reality of all of this is, none of this money matters, because none of it is put in the hands of people who are going to use it to make a positive difference. It is all just buy and sell to make numbers go up and down, while the world falls apart.
Hold on.
Taraz
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