Responsibility for the security of a product rests with the owner, period.
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"I slapped together some code that only I can understand and I want to take no responsibility for securing it. Can you find all the bugs in it 1 week before we launch and then take the blame when it fails?"https://twitter.com/avsa/status/1070649788704661504 …
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His understanding of insurance is laughably wrong so I can only imagine how well he grasps cryptocurrency audits. The insurance company doesn’t put up money hoping the customer doesn’t have a claim so they can get their money back
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