Online accounts like Twitter, email, or gaming accounts create an illusion of ownership.
In reality, the platforms own these accounts and can terminate or alter them at will.
Despite lacking true ownership, these accounts hold value and are frequently traded.
This highlights the disconnect between perceived ownership and actual control in the digital realm.
The example of Twitter changing its name to X and taking the username from the existing user illustrates this concept.
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Transcript
Episode notes
In this episode, Geoff White (https://x.com/geoffwhite247) tells us what happened to Axie Infinity and Tornado cash. It’s a digital heist of epic proportions that changes everything.
This story comes from part of Geoff’s book “Rinsed” which goes into the world of money laundering. Get yours here https://amzn.to/3VJs7pb.
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