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Daniel Franke

@dfranke

Security researcher. Keeping the internet safe for anarchy.
New Hampshire Joined May 2008
489 Following 1.8K Followers 7.9K Posts

Latest posts 5

Daniel Franke @dfranke
Outside my polling place was a completely unattended table with a sign on it that said "The Exit Poll". Why, I could have just walked up and dropped my lunch receipt into their "ballot box" and nobody would've stopped me!
Matthew Sitman Verified account @MatthewSitman 5d
You might feel powerless, but you still can do your part today to degrade the information environment by sharing context-free anecdotes whose meaning at this point is genuinely unclear
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Daniel Franke @dfranke
So here's the thing about this quote. Lonsdale is not wrong here, but it misses the bigger picture.

Perfect fraud protection is good for buyers, bad for fraudsters, and irrelevant for legitimate sellers. Pure win for society.

Imperfect fraud protection is less good for buyers, less bad for fraudsters, and catastrophic for falsely accused sellers. A defrauded buyer gets screwed on one transaction. The consequences of a seller being falsely accused of fraud can be life-altering.

I'm not a PayPal vendor, so strong fraud protection personally benefits me. But in a Rawlsian scenario that randomizes what side of the transaction I'll be on, I'd prefer that the policy of payment processors be caveat emptor, and that fraud recovery be left to police and courts.
Tesla Owners Silicon Valley Verified account @teslaownersSV Oct 29
Palantir cofounder

“@elonmusk made a great point when I was involved as a kid at PayPal: whenever you turn off fraud or grift, the people who would scream the most were the fraudsters.”
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