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True. But there are a ton if people right now who are trying to gain clout by crying wolf. So many that I worry that we won't remember them all and therefore the incentive not to cry wolf is quite low. Whereas, if they happen to get it right, it's a homerun (witness all the people who are looking very good for having criticized CC).
In this case it is stupid and the fact that they let it expire makes me think that I won't be using their services whenever they do start up again. But I don't see the value of a govt sweeping in to "take them over."
Remember she opensats forgot to renew their canary and then Gigi was like oopsie my bad and we all still trust them?
Canaries probably shouldnt be used unless life or death situation.
Here is Francis from BullBitcoin on the topic:
It doesn't exactly make one feel better. Canaries are there as a last resort of sorts and if they can't be 100% accurate they just fuck everything up.
I don't see the value of a govt sweeping in to "take them over."
This is the thing to think through now. Maybe it doesn't (or doesn't have to) matter.
In an environment known to be full of LARPers, it becomes hard to interpret these signals.