this post was submitted on 15 May 2026
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Bitwarden New CEO has extensive M&A, Private equity experience, Removes Transparency from its Motto (www.fastcompany.com)
submitted 2 days ago by iter_facio@lemmy.today to c/technology@lemmy.world
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I find this move concerning, and wish that the Founder had looked for a new CEO that shared his values rather than a Private Equity and Mergers Expert.

Furthermore, the change to the GRIT motto is worrying. Trust is useless without Transparency when it comes to code and security.

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[โ€“] Katana314@lemmy.world 4 points 16 hours ago (1 children)

A solution that stops evil people from being greedy for all of future society, gaming whatever our system is to hoard resources? No, I don't.

Whether under capitalism or socialism, either system would need frequent attention and intervention by thoughtful, socially responsible people to watch for abusers of the system.

[โ€“] Koarnine@pawb.social 1 points 24 minutes ago

Right, but Capitalism incentivises this behaviour, thus making the checks and balances required both more robust and needing to be applied for regularly - while the powerful are capable of preventing this.

On the other hand, Socialism has incentives that are completely different - managing the abusers would be a much simpler task.