North Korea Just Failed Really Hard...

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SomeOrdinaryGamers

SomeOrdinaryGamers

Күн бұрын

Hello guys and gals, it's me Mutahar again! This time we take a look at a program known as "3CX" which was recently breached by North Korean hackers (or so it's believed) in a supply chain attack. This managed to damage just shy of 10 computers and while it could have been catastrophic it ended up doing nothing in the grand scheme thankfully. Why did they do this? Let's find out! Thanks for watching!
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@SomeOrdinaryGamers
@SomeOrdinaryGamers Жыл бұрын
Check out the newest podcast episode: kzbin.info/www/bejne/bZfdnGCHoqmerNE
@Sand926e1
@Sand926e1 Жыл бұрын
Ok
@jackal253
@jackal253 Жыл бұрын
For sure
@bignoobus
@bignoobus Жыл бұрын
Among us
@bonbob9512
@bonbob9512 Жыл бұрын
i wanna play Yakuza ps2 on my phone
@courier_06
@courier_06 Жыл бұрын
No
@tametalks6102
@tametalks6102 Жыл бұрын
as someone who knows nothing about computer code you did a great job explaining what all of this means without having to give me a class on it
@DontDefuse
@DontDefuse Жыл бұрын
@Chill X fr?
@MrFunzerker
@MrFunzerker Жыл бұрын
@Chill X Bro who is Ordinary Gamer? I only know of SomeOrdinaryGamers.
@reorders9868
@reorders9868 Жыл бұрын
@@DontDefuse Fr
@ToxicFruitSnack
@ToxicFruitSnack Жыл бұрын
@@DontDefuse ye
@MrFunzerker
@MrFunzerker Жыл бұрын
Bro left after making a fool of himself LOL. He thought he had dirt on some guy named Ordinary Gamer.
@ProblematicExistence
@ProblematicExistence Жыл бұрын
The existence of a hacker collective in North Korea indicates that those involved possess elevated privileges and access to money. It's well known how oppressive and heavy-handed the government there is. In the United States, most hackers are downtrodden and flat broke. I just see that as an odd dynamic.
@g76agi
@g76agi Жыл бұрын
"In the United States, most hackers are downtrodden and flat broke." Uh what? Most "hackers" are either government employed, or criminals, or use their IT prowess to get good jobs
@damikey18
@damikey18 Жыл бұрын
Well its one of a few ways that North korea makes its money from doing highly illegal stuff such as using hackers to steal large amounts of cash
@JunkBondTrader
@JunkBondTrader Жыл бұрын
"most" are downtrodden. Thing is, the states has both. The downtrodden and then the privelaged, powerful ones.
@ProblematicExistence
@ProblematicExistence Жыл бұрын
​@Junk Bond Trader Absolutely true. The US loves to "flip" people. Catch one of the galaxy brains that have managed to get us, and hand them a blank check.
@ProblematicExistence
@ProblematicExistence Жыл бұрын
@The wanderer Fact. I'm starting to think I didn't think my statement through very well 🤪
@evillecaston
@evillecaston Жыл бұрын
The fact that North Korea is so desperate to hack crypto bros is hilarious and sad at the same time. And now they can't even do that right!
@AnarchoTak
@AnarchoTak Жыл бұрын
unfortunately they are usually successful
@darianstarfrog
@darianstarfrog Жыл бұрын
Couldn't happen to a better group of douches 😂
@javierpatag3609
@javierpatag3609 Жыл бұрын
@@AnarchoTak True, but may as well enjoy when they fail.
@bluephreakr
@bluephreakr Жыл бұрын
Even better - crypto is *tanking* right now. Like what, they're going to steal all of the bitcoin? At the going rate with NFTs and grifts devastating crypto's _overall_ reputation it's becoming next-to-worthless.
@cherrytheandroid
@cherrytheandroid Жыл бұрын
@@AnarchoTak Well Crypto bros are taking L's every day so, It's fine lol
@Rubiktor012
@Rubiktor012 Жыл бұрын
Muta out here covering cybersecurity topics that could sometimes be considered government secrets. My man.
@christianthompson7915
@christianthompson7915 Жыл бұрын
this is what happens when your country supports freedom of speech
@blackraven8841
@blackraven8841 Жыл бұрын
@@christianthompson7915 Canada supports like 70% free speech.
@krishnabasavaraju2926
@krishnabasavaraju2926 Жыл бұрын
@@christianthompson7915 well its good to bring shit like this to light instead of letting north korea do whatever they want in secret
@christianthompson7915
@christianthompson7915 Жыл бұрын
@@blackraven8841 canada has decent freedom of speech laws, the us might be better but canada isn’t too bad
@bobanmilisavljevic7857
@bobanmilisavljevic7857 Жыл бұрын
​@@christianthompson7915 I saw those videos of Canadian police arresting people during the lockdowns. As an American, I like to pass this message.. Let's go Brandeau!
@Jordan-gb4ex
@Jordan-gb4ex Жыл бұрын
Thanks for the great cybersecurity content muta, recently been studying cybersecurity for the security+ certification and having someone covering these topics helps a lot!
@Zaguzah
@Zaguzah Жыл бұрын
Ditto!
@chezswing
@chezswing Жыл бұрын
Same!
@GodlyAwesome
@GodlyAwesome Жыл бұрын
Professer messor on yt is obe of the best resourcws for all CompTIA stuff, used his stuff for the A+ and am currently using it for the NET+, he should have material on the SEC+
@HastelloyC276
@HastelloyC276 Жыл бұрын
same here
@zackrasphodos.2305
@zackrasphodos.2305 Жыл бұрын
I’d like to imagine that the hackers has also stole scam/meme coins too thinking that it would be easy money but end up getting shafted after stealing coins like save the kids, TITs, etc.
@balllord3546
@balllord3546 Жыл бұрын
keep imagining then
@SelfProclaimedEmperor
@SelfProclaimedEmperor Жыл бұрын
​@@balllord3546 north Korea got owned, get over it
@shadowgirl00
@shadowgirl00 Жыл бұрын
So fun story, I book appointments for a living, and my workplace uses 3CX. I was on an airplane going on holidays when this all went down, and I found out about 12 hours later because I often like to listen to Muta and others while I cook. So news about the breach showed up on my feed while I was scrolling while having breakfast. My first thought, well IT is going to have a field day, and my second thought was, I can never leave work without something weird happening.
@shubashuba9209
@shubashuba9209 Жыл бұрын
When you said North Korea failed, I was hoping that they accidentally nuked themselves.
@rabbadoodles4522
@rabbadoodles4522 Жыл бұрын
Same lol
@JustSomeRandomBurger
@JustSomeRandomBurger Жыл бұрын
Was honestly expecting that. Could still be a possibility 😂
@Wackaz
@Wackaz Жыл бұрын
What hit you all in the head as babies to make you Muricans so vehemently and delusionally hateful toward a country YOU have bullied for the last 70+ years?
@osuplaeyurreallygood
@osuplaeyurreallygood Жыл бұрын
why are you hoping for the death of millions of innocent people?
@noboto4686
@noboto4686 Жыл бұрын
I'd still feel bad for the innocent civilians tbh
@brutaljustin1349
@brutaljustin1349 Жыл бұрын
This is a rare sight to see a well-lit video from Muta.
@slaps1455
@slaps1455 Жыл бұрын
Muta’s laugh is easily the best intro on YT
@Booshay__
@Booshay__ Жыл бұрын
Muta, this was super informative. Would love more cybersecurity videos.
@mr.patriotjol
@mr.patriotjol Жыл бұрын
Since when did North Korea ever successfully did something
@jamesyandsonsoutdooradvent9394
@jamesyandsonsoutdooradvent9394 Жыл бұрын
They are successfully starving themselfs
@drinkintea1572
@drinkintea1572 Жыл бұрын
@@jamesyandsonsoutdooradvent9394 😂
@Prescott98-M5
@Prescott98-M5 Жыл бұрын
Successful diet plan
@JustSomeRandomBurger
@JustSomeRandomBurger Жыл бұрын
@@jamesyandsonsoutdooradvent9394 skill issue 🤷
@Masterhitman935
@Masterhitman935 Жыл бұрын
USD counterfeit.
@TheOrangeBottleCap
@TheOrangeBottleCap Жыл бұрын
Honestly glad at this point that Bethesda game modding is so torturous cuz it's taught me how to understand tech speak a little more, then adding running local servers to play multiplayer games solo and watching muta just makes that knowledge even greater cuz now I can actually understand what he's saying without needing to Google definitions
@TheOrangeBottleCap
@TheOrangeBottleCap Жыл бұрын
@@codingsafari no you don't, learning how to mod Bethesda games alone was painful and took years to figure out how to press a few buttons while staring at a white screen cuz it doesn't have dark mode and having to boot the game and wait till it crashes and hope that whilst turning on and off mods that the crashing "might" stop (fallout 4 never not crashes and yet remains playable still, I just have to wait till it stops crashing so I can hit load game and then hope it doesn't crash while loading) And then those local servers, literally all of them are built differently so you have to learn different ways to set them up just to not have to play with other people only to get bored of the game around the time you'd restart your progress or lose a lot of progress in order to start over and effectively abandon what you made Just typing that gave me a stress induced headache which is also sleep deprivation induced
@poisenbery
@poisenbery Жыл бұрын
DLL's were so mysterious until I started learning how to code. Once I learned about "include" or "import" I understood DLL's
@kidus_tv
@kidus_tv Жыл бұрын
OMG same bro, I used to find them fascinating when I was learning C++, until I learned they were just libraries 😂
@Nobody_Fn_Important
@Nobody_Fn_Important Жыл бұрын
I love your videos, sometimes you warn us about dire threats and like tonight you remind us that sometimes the dire threats are just as threatening to themselves.
@GOLMONT-rd8hu
@GOLMONT-rd8hu Жыл бұрын
When I see North Korea and Failed in the same video title, I know it's going to be a real treat to watch
@Wrath003
@Wrath003 Жыл бұрын
Love watching you on my break. Keep up the good work!
@TheWunder
@TheWunder Жыл бұрын
I love him more.
@raybob8668
@raybob8668 Жыл бұрын
What’s your job?
@heyjeySigma
@heyjeySigma Жыл бұрын
@@raybob8668 He is simply "the break man"
@Wrath003
@Wrath003 Жыл бұрын
@@raybob8668 I'm a kitchen manager for a japanese ramen shop. Whenever I prep or on break I like to watch muta or have him in the background.
@raybob8668
@raybob8668 Жыл бұрын
Ah cool, I work as a waiter and listen to Muta on break too.
@Gishshock
@Gishshock Жыл бұрын
Mutahar laughing. Must be an excellent video.
@pozowbologi5793
@pozowbologi5793 Жыл бұрын
he laughs in like every video
@sacxcharine
@sacxcharine Жыл бұрын
@@pozowbologi5793 every video is excellent
@pozowbologi5793
@pozowbologi5793 Жыл бұрын
@@sacxcharine i knew someone was gonna say that and i couldnt agree more
@EnaTenkiyoGamer
@EnaTenkiyoGamer Жыл бұрын
Mutalaugh.gif
@superalientime3938
@superalientime3938 Жыл бұрын
watch the vid before you comment low effort garbage, its not a race
@chanceneck8072
@chanceneck8072 Жыл бұрын
It's always astounding to me how much power hackers and programmers really have.
@AbsoluteDark
@AbsoluteDark Жыл бұрын
I really do wish for the people of nations like Russia, China, and Korea to be free of their corrupt rulers.
@theminecraft4202
@theminecraft4202 Жыл бұрын
hahahahaahaa
@talimancern7724
@talimancern7724 Жыл бұрын
That will never happen because the civilians are cowards or brainwashed.
@WyattOShea
@WyattOShea Жыл бұрын
@@theminecraft4202 So you think human suffering is funny?. Wow you're a great person..... 🙄. Is it naive? probably but I can't see a reason to not want the bad leaders gone so hopefully good enough leaders could be put in place so the people no longer have to suffer.
@SH1TPUSHER
@SH1TPUSHER Жыл бұрын
​@@WyattOShea i think it's funny when scammers and hackers are suffering
@anon_y_mousse
@anon_y_mousse Жыл бұрын
@Absolute Dark I'd love to see Korea united as one country.
@cosmicspacething3474
@cosmicspacething3474 Жыл бұрын
Someone treated April fools not as a holiday, but as a contest. And they won.
@culturebreath369
@culturebreath369 Жыл бұрын
Always know you're in for a treat when the intro is his evil laugh. 😂❤
@culturebreath369
@culturebreath369 Жыл бұрын
@Chill X no.
@abyss9316
@abyss9316 Жыл бұрын
I think that's just what North Korea does in general
@javierpatag3609
@javierpatag3609 Жыл бұрын
That’s how they get their money now given how isolated and sanctioned they are. I mean, what else do they do? They even make meth and order their diplomats to sell it. That is NOT a joke. They really do.
@trashboatex
@trashboatex Жыл бұрын
You know its a banger video when Muta speaks another language at the beginning of the video
@sxnlarxi8235
@sxnlarxi8235 Жыл бұрын
you know it's a good video when muta laughs in the beginning
@M0rshu64
@M0rshu64 Жыл бұрын
Mutahar's sinister chuckle in the beginning makes me think he's the one wjo thwarted Kim Jong Un's hacking escapades.
@samuelhaidar2580
@samuelhaidar2580 Жыл бұрын
Your awesome dude thanks for putting in the work to keep us updated on this kinda stuff. And your honestly more objective than the news.
@levisallade1976
@levisallade1976 Жыл бұрын
A couple schools and even a hospital got hit with some Ransomware last week here in West Virginia. I was thinking that would likely be that an Internet provider got hit, and all the server stacks at the particular location would then get infected. Mutah, if you're reading this, does that make sense, or am I off base?
@Slavolko
@Slavolko Жыл бұрын
The schools and hospital were probably infected separated, not through their ISP.
@robbay8610
@robbay8610 Жыл бұрын
America: This inflation is gonna kill us. Korean hackers: We got you and your crypto
@BasmatiRice96
@BasmatiRice96 Жыл бұрын
north korea doesnt hack other countries, they earn money in honorable ways! :) (Kim is behind me, help)
@gearfm1
@gearfm1 Жыл бұрын
Hey Muta! Right on schedule :) I'm watching your videos everyday right before going to sleep. Love your videos!
@flip_xd
@flip_xd Жыл бұрын
You give me hope I can learn about coding and how a lot of this stuff works.
@chanceneck8072
@chanceneck8072 Жыл бұрын
I wish we could just all live peacefully with each other on Earth.....
@kadirrangwala
@kadirrangwala Жыл бұрын
Thank you for covering this !
@thomaskok5773
@thomaskok5773 Жыл бұрын
Is it normal whenever Mutha laughs maniacally, I will follow along unintentionally ??
@GreasyOaf
@GreasyOaf Жыл бұрын
You're so quirky and unique
@Skept88
@Skept88 Жыл бұрын
Always enjoy you bro. Thanks!!
@Lunacy4
@Lunacy4 Жыл бұрын
Now this is a certified hashbrown moment
@thisislilraskal
@thisislilraskal Жыл бұрын
I like the wide range of topics you cover on the channel. always interesting and u usually learn something. cheers bro
@mattigi
@mattigi Жыл бұрын
who knew North Korea had enough electricity to power a computer.
@basurerodej8501
@basurerodej8501 Жыл бұрын
1:34 The drop sounded like a rickroll
@UltraSwift
@UltraSwift Жыл бұрын
For those who want to hear more about North Koreas hacks, I suggest the podcast by the BBC called The Lazarus Heist
@Sonickuforever
@Sonickuforever Жыл бұрын
1:34 thought he was about to rickroll us
@javierrosado611
@javierrosado611 Жыл бұрын
Crazy how this video was uploaded on my birthday
@PocketPixelPortablePower
@PocketPixelPortablePower Жыл бұрын
Happy birthday dawg
@citizenvulpes4562
@citizenvulpes4562 Жыл бұрын
Happy birthday
@Liveleakk
@Liveleakk Жыл бұрын
Happy birthday
@-LFX-
@-LFX- Жыл бұрын
Happy birthday man!
@PeekinBlyne
@PeekinBlyne Жыл бұрын
Happy Birthday 🎂
@guitarzero1836
@guitarzero1836 Жыл бұрын
You know it’s gonna be a good vid when muta laughs like that
@Lvna1
@Lvna1 Жыл бұрын
Still not over you not putting the emerald in the crown in re4. Lost like 30,000 pesatas 😢
@basil9973
@basil9973 Жыл бұрын
that evil ass laugh is how you know its going to be a good video
@BTOptimizer
@BTOptimizer Жыл бұрын
My humor is so random that Muta dropping a controller was enough to get a laugh out of me, not the fail from the hackers, but the fucking controller 🤣
@bigbearcrouse2801
@bigbearcrouse2801 Жыл бұрын
Another banger Mutta. Thanks!
@EEFLmao
@EEFLmao Жыл бұрын
When Muta's controller fell to the ground I thought that was a Rick Roll
@andrewvirtue5048
@andrewvirtue5048 Жыл бұрын
Isn't the only people in North Korea capable of hacking having to be in their military / government?
@javierpatag3609
@javierpatag3609 Жыл бұрын
EXACTLY.
@ferretyluv
@ferretyluv Жыл бұрын
Yes.
@reeyees50
@reeyees50 Жыл бұрын
No
@ferretyluv
@ferretyluv Жыл бұрын
@@reeyees50 Only elite party members have access to the World Wide Web. The rest of the country has access to the intranet.
@ladiddas
@ladiddas Жыл бұрын
This is kind of hilarious, I was just reading up on supply chain attacks from the CompTIA Sec+ book, hopefully getting certified soon!
@hammondr191887
@hammondr191887 Жыл бұрын
I work in commercial millwork and this year alone we have had 3 of our large distributors get hacked
@jimmynoo
@jimmynoo Жыл бұрын
Never thought I'd see some cyber security talk here. Nice
@Himmelschenk
@Himmelschenk Жыл бұрын
Dude I saw the photo you posted on your twitter the other day... lets just say I totally dont have that bookmarked
@yungjiggamayne2262
@yungjiggamayne2262 Жыл бұрын
Muta keep speaking other languages please, your smile contagious af. If the government forced ya to learn French like the rest of us you should flex the trilingual status
@LittleHerdaz
@LittleHerdaz Жыл бұрын
Ah Muta's chuckle brightens my Saturday 🥰
@ricenoodles632
@ricenoodles632 Жыл бұрын
Why did I think he was speaking Korean at the 0:03 mark
@apwkastmaster2096
@apwkastmaster2096 Жыл бұрын
Great info Ty SIR.
@thephilosopher7173
@thephilosopher7173 Жыл бұрын
Honestly I can see why these videos get repetitive, but I'm ngl I still like hearing about news like this.
@porkyV2
@porkyV2 Жыл бұрын
ok, you're the 3rd channel i had to re-subscribe to this week. damn..
@Gigachad094
@Gigachad094 Жыл бұрын
Love your videos bro ❤
@Franck_Major_X
@Franck_Major_X Жыл бұрын
Oh well, that explains the very aggressive ETH phishing emails I have been receiving lately. Well, until 2 weeks ago. I blocked them and reported them to silence the emails since it was annoying.
@Trigger1721
@Trigger1721 Жыл бұрын
Honestly, even with false positives, I prefer not to risk it and just delete things entirely if Microsoft or my other security scan picks it up.
@Unclean666
@Unclean666 Жыл бұрын
I'm old and I remember the day McAfee murdered everyone's Office applications. Normally I'm all for that, but when our EMR ran Access as a front end (yay legacy crap!) it made for a fun day. However F the dude who plugged in his laptop with a manual IP matching our DC. He was my bosses bosses boss. We contemplated beating his ass, no cameras in the IT dungeon 😁
@Yezpahr
@Yezpahr Жыл бұрын
8:45 I like how Western-Sahara in particular is even marked as being excluded from the cyberwar. A quirky detail.
@AlexanderKuznetsovAKASergei
@AlexanderKuznetsovAKASergei Жыл бұрын
I'm surprised and amused the North Korean hackers bothered to design their own logo.
@meqativ
@meqativ Жыл бұрын
i LOVED the right click at 3:28
@XXMatt0040XX
@XXMatt0040XX Жыл бұрын
It's good to spread information that North Korea is capable of something like this. As silly as it is I've never considered cyber attacks from them because all I hear about is nuclear weapons
@Stoiss
@Stoiss Жыл бұрын
I was so sure we we're going to get Rick Rolled when he dropped that controller at 1:35 - Just listen to the sound it made... 😅😅😂😂
@felixweetbix
@felixweetbix Жыл бұрын
I'm pretty sure one of those web browsers you listed is actually a movie about a young Scottish girl that turns her mother into a bear. I may be wrong.
@harleymitchelly5542
@harleymitchelly5542 Жыл бұрын
Brave is a browser in addition to a movie.
@ytnathandude
@ytnathandude Жыл бұрын
anytime muta starts his vid laughing his ass off you know the vid is gonna be good
@Nik-lf4rw
@Nik-lf4rw Жыл бұрын
love you muta stay well thanks for the informative videos :)
@void_box
@void_box Жыл бұрын
"North Korea just failed really hard." "Every 60 seconds in Africa, a minute passes."
@JoshCaelum
@JoshCaelum Жыл бұрын
I get so excited when a new cybersecurity video is released from Muta.
@dudynator1
@dudynator1 Жыл бұрын
Impressive how you can convey such topics in a way average people like me can understand with some good laughs 😃
@RWAsur
@RWAsur Жыл бұрын
Thank you Mutahar.
@charliekelly735
@charliekelly735 Жыл бұрын
This is all fun and games until you realize that some North Korean hackers are getting executed
@DawnOfTheOzz
@DawnOfTheOzz Жыл бұрын
If I may bring up the Archer quote for the umpteenth time: "Relax, it's North Korea. The nation state equivalent of the short bus."
@bigbaffo9441
@bigbaffo9441 Жыл бұрын
Everytime when muta laughs, then you know somethings spicy is cooking.
@drtoxiccookie
@drtoxiccookie Жыл бұрын
Always enjoy your videos very interesting
@acole5975
@acole5975 Жыл бұрын
As much as I am happy to see the north Korean hackers fail on a big scale I also feel sorry for them. Those hackers are about to end up in a multi generational prison camp.
@jgueroz71
@jgueroz71 Жыл бұрын
Just remember, mutahar would never unalive himself
@Travsticles88
@Travsticles88 Жыл бұрын
Thank god for muta and the crater bags in his eyes and sleepless nights to bring us these informative videos What would we do without him
@original4046
@original4046 Жыл бұрын
They've been so quiet lately I forgot they existed
@JunkBondTrader
@JunkBondTrader Жыл бұрын
exactly what they want. They dont care about the outside world. Everything they do is designed to oppress their people and empower their regime. They want the world to leave them alone, and forget about them/
@Railfan_Reed
@Railfan_Reed Жыл бұрын
L North Korea
@kevinross6235
@kevinross6235 Жыл бұрын
I don't go out my way to read about this kind of thing, but since Muta made a video about it I have to watch it bc I find it interesting
@bfbros3737
@bfbros3737 Жыл бұрын
I hate to say it but first Edit: Thank God, North Korea is finally screwing up
@henvdemon
@henvdemon Жыл бұрын
be funny if NK is actually playing the distraction to keep eyes off China and russia for the time being.
@bfbros3737
@bfbros3737 Жыл бұрын
@Muh Election was stolen I mean publicly
@uncommonsense360
@uncommonsense360 Жыл бұрын
I'm glad we have Mudahar on our side.
@OverAndOverAndOver
@OverAndOverAndOver Жыл бұрын
Common Kim L
@P4INKiller
@P4INKiller Жыл бұрын
Mutahard's smile at the beginning of the video brightened my day.
@kaiishkaiish
@kaiishkaiish Жыл бұрын
North Korea can’t stop taking L’s lol
@JunkBondTrader
@JunkBondTrader Жыл бұрын
lol... That's what you seem to think. North Korea is exactly how it wants to be.
@ne0nmancer
@ne0nmancer Жыл бұрын
@@JunkBondTrader If North Korea was any good, they wouldn't have hackers stealing shitcoins so they can afford to import food from China.
@pauljackways1473
@pauljackways1473 Жыл бұрын
When the controller dropped I thought I was getting rickrolled
@-LFX-
@-LFX- Жыл бұрын
Mutahar reminds of an old tech support scammer who wanted to get a proper job and life but decided to pick youtube
@andrewkillian2842
@andrewkillian2842 Жыл бұрын
gotta steer clear of that penetration framework. lol you're so smart mutahar. this is completely over my head
@donluv-du7kh
@donluv-du7kh Жыл бұрын
Really shocked at your characterization of Tornado cash, especially as you've usually come off to me as a privacy advocate. As opposed to other mixers, its innovation was providing a way to prove the source of the funds if you choose, i.e. specifically designed for people who have legitimate reasons to want anonymity, but still have the capability to prove origins of income to the tax man (or whoever else). Criminals use the dark web, but so do journalists living under oppressive regimes. Although there is admittedly plenty money laundering in the crypto space, the last reports I saw from Chainalysis put it as proportionally lower to the traditional finance space, even with the KYC and AML processes used in tradfi (traditional finance). Similarly their analysis of Tornado cash put the proportion of illicit funds using the service before the OFAC ban at 30%. You might think that sounds high, but think of the fact that it's only 30% of all the money going through tornado cash seems to be malicious, i.e. 70% are people with just plain old legitimate reasons for wanting privacy from the general public. If those people exit that cash via any fiat off-ramp, they're still gonna have to explain the source of those funds to the tax man. That's not bad when you think of Tornado Cash as a concentration of all the people who care a lot about privacy, which necessarily includes in the set all sophisticated bad actors. So, of the set of all crypto people who care deeply about personal financial privacy, a minority are bad actors. Regarding the OFAC ban of Tornado cash, a new replacement protocol is currently in testing. One of the original devs, Ameen Solemani, has an updated version called Privacy Pools which allows you to create a proof at withdrawal time which provably excludes certains deposit wallets from the set who could be your source of funds. Using that somebody could maintain their privacy, and still generate a proof for OFAC (while remaining anonymous) that their wallet wasn't funded by one of the wallets which did xyz hack associated with North Korea or some such. i.e. there are ways we can have our financial privacy and be against criminals at the same time. Oh, and the reason the website is still up, it's hosted on IPFS, so to remain available all that is needed is for at least 1 IPFS gateway to keep its content ID pinned, and obviously the real meat is the smart contracts which are on chain and immutable. FYI, Ameen Solemani has worked on a bunch of great public goods products. He was one of the people behind spank chain, which was specifically trying to create a payment network and financial services for sex workers (cam girls and such), because even in countries where those services are legal they were having trouble being banked. Largely due to operation choke point 1.0 in which the Obama administration leaned on banks to stop providing services to legal businesses which the administration considered 'dodgy'. i.e. effectively making something illegal while not having to put it on the books. The administration was actually being sued for that before the administration changed and so the operation (and court case) fizzled out.
@ctznx0
@ctznx0 Жыл бұрын
I had to ctrl-f tornado, and unfortunately this is the only good comment regarding this matter.
@ferretyluv
@ferretyluv Жыл бұрын
In other words, journalists are laundering money too. I used to be in the North Korea watching community. The Hankyoreh, a news platform made by and for North Korean refugees, doesn’t use bitcoin. LiNK (Liberty in North Korea) don’t use Bitcoin. They just use cash. These oppressive regimes don’t allow journalists access to the internet to get bitcoin. They also can’t exactly spend bitcoin or exchange it for cash to buy stuff like food, so it’s useless to them. The only country that allows that is El Salvador and they’re not having a good time of it. Bitcoin is so deflated that it’s not a practical currency to buy goods on the open market. It’s become an asset, like gold or bearer bonds. Journalists don’t need that. If you want to help journalists in repressive regimes, you can donate to Reporters Without Borders.
@TheRealMonkeyrogue
@TheRealMonkeyrogue Жыл бұрын
I'm here for your voice. The sheer enthusiasm is contagious.
@northstar6920
@northstar6920 Жыл бұрын
To fail, you have to be able to succeed at something in the first place...
@JunkBondTrader
@JunkBondTrader Жыл бұрын
what do you think North Korea's goal is? They aren't trying to achieve what other countries are. They are this way on purpose. They are all about having their population under their thumb, and retaining complete power over their people as a regime. They are remarkably successful in that regard. They aren't trying to take over the world, they don't really care about the outside world as much as it would seem. Everything they do is meant to fool and deceive their population, and retain power in their regime. They don't want to nuke anyone, or invade countries, or have a happy, thriving population, or whatever you think their goals are. They want to be left alone.
@gokrtkd816
@gokrtkd816 Жыл бұрын
@Chill X eat glass
@lt3lt3lt3
@lt3lt3lt3 Жыл бұрын
Top most tier content muta
@HailAzathoth
@HailAzathoth Жыл бұрын
Remember bois, all of Korea would currently be united under a democratic government if it weren't for china. Don't forget about that.
@cat__person
@cat__person Жыл бұрын
cool
@citizenvulpes4562
@citizenvulpes4562 Жыл бұрын
You were first.
@-LFX-
@-LFX- Жыл бұрын
He was first!
@RT-.
@RT-. Жыл бұрын
You're first
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