He was willing to put some percentage of the 650SOL into the risky project, we don't know how much he intended to invest/gamble, but it seems doubtful to me that he intended to spend his whole wallet on it.
It is worth also noting that it may not be wise to store your entire life savings in an experimental, possibly illegal alternate currency backed by a permissionless blockchain. Banks may be incompetent at times, but at least you have options. Lessons learned the hard way, but it’s not as if nobody was warning folks.
Solana is the 5th largest blockchain by market cap in the world, has a ton of investors and ongoing development by a lot of talented developers. Just because you haven't heard of it doesn't mean it's not a legitimate project.
HN user comments on a simple phishing website that happens to use a blockchain, as an indictment of all the unrelated wallet developers, all the unrelated protocol developers, and all the unrelated consensus developers just because they never heard of the 5th largest cryptocurrency on the market before.
Surely they would conflate the entire internet infrastructure for any non-blockchain based phishing attack? Stay tuned!
I honestly agree too having worked in enterprise, but see it more as an inevitability as an enterprise product continues to be supported for years and years, as the original talent is churned, and multiple generations of engineers come and go. It's why I don't want to go back into enterprise ever again lol supporting legacy huge overengineered products is rough.
