fraud and reconciliation are fundamental in our finance systems. To claim this as anything other than a failing of bitcoin as a whole is "inexcusable".
I still get butterflies thinking about the clever beauty of the great network, computer, software, cryptographic security piñata in the sky.
It means that rather than being a story about public affairs, snake oils, and conspiracies -- security is now a legitimate business concern.
I won't pretend to have an endgame, but I really don't see too much to loathe. Even the most vehement concerns are easily reframed as opportunity.
- Unsuspecting public? To contrast crypto with the system not many people's personal financial planning involves bounding correlations between News Sentiment -> VVIX -> VIX -> Derivatives market -> Volatile inflation across all sectors.
- Security concerns? Again, this slaps a price tag, and hence quantifiable risk-level on every computer system security level -- airgapped? networked? It's practically its own insurance, on software that is still centuries away from being closed-form auditable.
- Proof of work? Global governments cooperate to limit, minimize, control power usage. Not such a bad thing in that light, the power system could use more care and engineering as it is.
A Bitcoin dev has a higher threat profile than the average person. if only because it would be assumed he had many bitcoin in self-custody. Many things we do as a 'nobody' would get us compromised if our threat profile were a littler higher.
He made it worse by being so public, and hosting his own (publicly known) servers.
It's possible that only his twitter account got hacked, and the hacker is having some fun with it.
Beyond being a bitcoin core dev [1], Luke-Jr is also the author of an independent node and wallet implementation known as Bitcoin Knots [2].
[1] https://github.com/luke-jr
[2] https://bitcoinknots.org/