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patio11's profile
Patrick McKenzie
Patrick McKenzie
Patrick McKenzie
@patio11

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Patrick McKenzie

@patio11

I work for the Internet, at @stripe, mostly on accelerating startups. Opinions here are my own.

東京都 Tokyo
kalzumeus.com
Joined February 2009

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    1. Dan McArdle‏ @robustus 24 May 2019
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      Replying to @zooko

      Is it gonna be a cryptocurrency in any meaningful sense, though? It sounds like it'll likely have KYC, censorability, and money-supply management built in and all controlled by Facebook.

      4 replies 0 retweets 13 likes
    2. zooko‏ @zooko 24 May 2019
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      Replying to @robustus

      I don't think the people who are saying that actually know anything—I think it's just fun to hate on Facebook.

      2 replies 0 retweets 7 likes
    3. Josh Cincinnati‏ @acityinohio 24 May 2019
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      Replying to @zooko @robustus

      Ehhh I think it's more than that Zooko. They have a long, sordid history of being distinctly anti-user/anti-privacy, and their entire business model is predicated on them continuing to operate that way — regardless of what Zuck says on stage.

      3 replies 0 retweets 17 likes
    4. zooko‏ @zooko 24 May 2019
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      Replying to @acityinohio @robustus

      It was specifically the “have KYC, censorability, and money-supply management built in and all controlled by Facebook” that I'm questioning if the people saying that actually know anything. Not the more general “Facebook is evil”.

      1 reply 0 retweets 2 likes
    5. Josh Cincinnati‏ @acityinohio 24 May 2019
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      Replying to @zooko @robustus

      1. Sure, in that case probably only Zuck + David Marcus know exactly what's going on. But I and others are inferring based on their business model/history and I'd be (very pleasantly) shocked if it showed any promise of actually being decentralized/uncensorable/private.

      2 replies 0 retweets 8 likes
    6. Deirdre Connolly¹‏ @durumcrustulum 24 May 2019
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      Replying to @acityinohio @zooko @robustus

      Although with the new pivot to InstaWhatsAppMessenger supposedly going E2E, and basically abdicating responsibility for refereeing speech at all because FB can't see it, maybe a private coin will give them the same cover?

      2 replies 2 retweets 3 likes
    7. Josh Cincinnati‏ @acityinohio 24 May 2019
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      Replying to @durumcrustulum @zooko @robustus

      Hmm that's a good point! I guess I always thought they'd still get everything they'd want from metadata targeting even with the E2E messaging pivot...maybe the same is true for "private" payments? It's all quite murky/uncertain.

      1 reply 0 retweets 2 likes
    8. Deirdre Connolly¹‏ @durumcrustulum 24 May 2019
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      Replying to @acityinohio @zooko @robustus

      Indeed!

      1 reply 0 retweets 2 likes
    9. Deirdre Connolly¹‏ @durumcrustulum 24 May 2019
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      Replying to @durumcrustulum @acityinohio and

      [ Like, the WhatsApp/Insta/Messenger merge _plus_ E2E is a hyuuuuge lift! We'll see if they even get there. 😉 ]

      1 reply 0 retweets 2 likes
    10. zooko‏ @zooko 24 May 2019
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      Replying to @durumcrustulum @acityinohio @robustus

      Strong agree! I think it was @patio11 who wrote an insightful tweet that people typically reason about the behavior of corporations by thinking about their strategic desires, but you'd be right more often if you focused on their structure and limitations.

      1 reply 0 retweets 2 likes
      Patrick McKenzie‏ @patio11 24 May 2019
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      Replying to @zooko @durumcrustulum and

      Patrick McKenzie Retweeted Patrick McKenzie

      https://twitter.com/patio11/status/1112201085907681281?s=21 …

      Patrick McKenzie added,

      Patrick McKenzie @patio11
      a) This has the ring of truth to me. b) Most analyses of why an organization does a thing reason from the organization’s goals, not the organization’s processes. The second is probably more predictive. https://twitter.com/creachadair/status/1111717183321604096 …
      1:13 PM - 24 May 2019
      • 1 Retweet
      • 4 Likes
      • Jayvee Reyes Josh Cincinnati zooko Deirdre Connolly¹
      1 reply 1 retweet 4 likes
        1. zooko‏ @zooko 24 May 2019
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          Replying to @patio11 @durumcrustulum and

          Thanks. I knew I was butchering it. 😬

          0 replies 0 retweets 0 likes
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