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.
I haven't even really been discussing the case from the OP. I'm more so just surprised at the number of comments (like yourself) that appear to be expressing sympathy for financial or white collar criminals.
I suppose it's a philosophical difference...I just hope that you appreciate how extreme the position is. The amount of fraud in this country is disturbing and I don't think it is compassionate/kind at all to keep these people out of prison while most people are struggling to make an honest living. It creates a moral hazard.
How much money would someone need to cause in damages to you or your loved ones before you change your tune? Steal your car? Your home? Your parent’s retirement? It’s just money!
And I don’t buy this as a serious well thought out argument. If someone destroys your method of producing personal income they have indeed damaged your personal finances.
Look, I am not saying life is inherently better in America vs France. This thread started as a debate about wages and social benefits. If you're truly interested in a good faith discussion on that topic, the metrics I'm highlighting are essential. If you've already cemented your opinion and just have a bone to pick with the United States there's probably not much common ground we can find.
> Disposable income is a poor metric to use though.
Hard Disagree. It's directly related to standard of living. You're also leaving out the other parts. It's adjusted for PPP, taxes, essential household costs (healthcare, shelter, etc), and social benefits.
> Money isn't everything. The french have better public transport, more social stability, a life expectancy that's higher by five (!) years etc etc.
Of course money isn't everything...but again we started off by talking about it.
> By pretty much whatever standard you use, their quality of life is much higher.
> According to the OECD, 'household disposable income is income available to households such as wages and salaries, income from self-employment and unincorporated enterprises, income from pensions and other social benefits, and income from financial investments (less any payments of tax, social insurance contributions and interest on financial liabilities). 'Gross' means that depreciation costs are not subtracted.'[1] This indicator also takes account of social transfers in kind 'such as health or education provided for free or at reduced prices by governments and not-for-profit organisations.'
United States: 62,300
France: 45,548
Americans need to be more grateful for what they have.
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.