Share this page!

The Call is Coming from Inside the Nash Profile picture
Twitter logo
Feb 17 • 4 tweets • 2 min read
I have long dreamed of seeing someone hack bitcoin and bring it down.

Never did it occur to me that all it needed was an attempt to monetize its fragility.

I wish Oridinals and its devs the very best in this endeavor.
Okay, I'll try to make this short and fast:

Bitcoin works (lol) by keeping track of all transactions. That's the blockchain. The trouble is, that data has to be updated and maintained.

That takes network bandwidth. More data = slower transactions.
By stuffing this unintended section of the blockchain with NFT data, they're bloating the amount of data that has to be transmitted and slowing the entire network down.

And if they do it enough, then god willing maybe the whole thing will fucking die.
Yup!

And the people who are "invested" in Bitcoin are now losing their merry little minds and I love it so much I want to send it to college.

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with The Call is Coming from Inside the Nash

The Call is Coming from Inside the Nash Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Nash076

The Call is Coming from Inside the Nash Profile picture
Feb 18
And what in the hell is a "fake 2FA SMS message?"

The only thing it does is send a user the other part of their login.

Does he think people are just spamming requests for login tokens for *fun?*
Here's the reality: he wanted to cut their SMS traffic, period.

They either pay at a bulk rate based on volume, or they pay per SMS. Either way, he decided the smart decision was to just cut the volume of traffic.

Which was incredibly dumb.
The only other possible thing here is he thinks the phone companies - AT&T, Frontier, Verizon, etc - are scamming Twitter.

That the largest phone providers in the world are defrauding a large social media platform, and somehow, SOMEHOW, no one ever caught it before now.

Right.
Read 5 tweets
The Call is Coming from Inside the Nash Profile picture
Feb 18
All I know is he's not Reed Richards and apparently he had about five lines or something.
Hold up ... HOLD UP.

THAT'S why I didn't know the name. They DID use the Microverse, they just had to file the names off.

And apparently it was disappointing.

Thanks @Hasbro! ImageImage
Brief explanation: Marvel did comic book series for various toylines, providing the "world" the toys were based around.

Marvel didn't own the rights, but it still integrated the characters and locations and such into the mainstream Marvel continuity.
Read 5 tweets
The Call is Coming from Inside the Nash Profile picture
Feb 18
Uh oh.
Breaking the FTC consent decree won't be a Senate hearing. It'll be an automatic fine, and an unusually steep one.

The FTC already found Twitter to be liable. The consent decree was the compromise.

It's like breaking probation.
It could even include personal penalties for executives, which in this case would be Musk.

The FTC can quite literally decide on any of the available punishments. No trial required.

You can read more about the FTC Twitter consent decree here.

cnn.com/2022/11/11/tec…
Read 4 tweets
The Call is Coming from Inside the Nash Profile picture
Feb 18
I was absolutely right. Apparently SMS authentication costs Twitter $60 million a year, mainly due to bots.

(I thought he got rid of all the bots?)

For one, it speaks to how poorly they identify and remove fraudulent accounts. For another, penny wise and pound foolish.
Removing SMS authentication just because you won't take action to weed out the bots is like leaving rotting garbage all over your house, refusing to clean it up and then refusing to pay for an exterminator.
I promise you: if the bots were able to easily spoof phone numbers for SMS, they will find a way to work with an authenticator.

Then we'll still have to deal with the bots and a large number of accounts will be insecure, but Musk will have saved a rounding error on interest.
Read 4 tweets
The Call is Coming from Inside the Nash Profile picture
Feb 18
Oh shit
Oh hell
I'm worried she's proper stuck, but Sarah's telling me it's a better idea for right now just to turn out the lights, leave the porch door open and see if she just leaves on her own.

Fingers crossed.
Read 8 tweets
The Call is Coming from Inside the Nash Profile picture
Feb 18
The best part about the Twitter Blue debacle is it's a meme: only rubes pay for Twitter, and it's often a correct assessment.

I know some of my mutuals use Twitter Blue, and I'm telling you: bail before they shut off "legacy" Verified checks, or you're going to get blocked A LOT
Right now most people can't tell at a glance who's using Twitter Blue and who's an actual notable person on the platform.

But when they do away with checkmarks for notable people, it's going to be really crystal clear who's paying for Twitter and most folks will block on sight.
Actually that's not true: most folks are going to have their feeds crowded with scammers, crypto-hacks, right wing cranks, ads for terrible products and online creatives who are under the mistaken impression Blue will help their visibility.

And most users will just leave.
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

Send Email!

:(