Yes, it's worrisome that this happened and standards need to improve.

Update from Liquid https://x.com/liquid_btc/status/2097404704028545175?s=46

Still don't know how the @Liquid_BTC hack will end. Hope is with a fully restored network. I was asked why I used it although I knew of the federated custody risks. Here is my reasoning and why in this case the federated custody was not the issue: https://anita.onl/liquid-hack

Awesome, thank you!

I got a lot of heat for my rainbow flag on my profile, which has never meant that I wanted to "push something onto others", it's just opening a door for others to get interested in the things I find valuable like Bitcoin. Good explained by Marco: "Because a label, even though it puts you in a box that never quite fits, still works as a signaling device: it lets other people who hold ...similar... values ...or are similar... know that there are others like them in bitcoin."

55 years ago France pulled its gold reserves from the US which led to the end of the gold standard and the begin of the debt based fiat money system. Now European countries are pulling their gold again.

Happens with all kinds of data. Recently a tax authority employee was convicted for looking up the financial data of neighbours and friends in Austria.