from Hacker News

I'm no longer involved at Signal

by EastSmith on 4/19/24, 8:29 PM with 49 comments

  • by lrvick on 4/19/24, 8:51 PM

    1. MobileCoin premines 250m coins

    2. Moxie is paid for being on their board

    3. Moxie directs non-profit Signal to integrate MobileCoin

    4. MobileCoin offers 50% of their premine for sale.

    5. Signal/Mobilecoin news spikes price to $60

    6. Moxie steps down as CEO of Signal but remains on board

    7. Mobilecoin price today is $0.09

    8. Moxie is no longer involved at Signal

    This is why we need decentralization.

  • by motohagiography on 4/19/24, 9:13 PM

    Judging by Mahar's TED talk about the diminished value of truth vs. alignment circulating on twitter, it looks like the Signal Foundation has finally fallen under the influence of the nihilists as well. FOSS doesn't need non-profit orgs, and people in tech aren't equipped to secure them from the people trained to take them over.

  • by thinkingemote on 4/19/24, 8:59 PM

    Tweet reads:

    > "I'm no longer involved at Signal. While I may wish a lot of different things for it, the whole point of the project is that you don't have to trust your communication to anyone."

  • by anonymousiam on 4/19/24, 9:49 PM

    If it looks like a canary, and sounds like a canary, it might be a canary.

  • by poisonborz on 4/19/24, 10:10 PM

    For adversaries, it's just easier to take over tech companies than good willed folks to build them. Going on, the community should just not trust anything that is centralised. Implementing that well, lack of profit and fatigue are the great challenges.

  • by ignoramous on 4/19/24, 8:55 PM

    DHH's "I trust Meta over Signal because a board member at Signal is woke" is utter content-farming clickbaity dishonest discourse for someone of his skill and intelligence (given the guarantees inherent in the Signal protocol and its opensource nature) and his previously stated stance against cancel culture [0]. This quest for influence seems to break people's brains in weird ways.

    [0] https://twitter.com/dhh/status/1283892240314580992

  • by querez on 4/19/24, 8:53 PM

    Well this is certainly an unexpected and weird announcement. I actually thought Moxie was (the main person behind) Signal. Not giving any details about this feels weird to me. How are we supposed to trust an organization that prides itself to be the beacon of free communication, when they communicate so... cryptically? Does anyone have more information on what happened here? (And what/if any are the current alternatives?)

  • by nocobot on 4/19/24, 8:50 PM

    can someone explain why dhh has such strong feelings about katherine maher?