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Peter Todd Profile picture
Peter Todd
@peterktodd
@opentimestamps founder pgp: 37EC7D7B0A217CDB4B4E007E7FAB114267E4FA04 🇺🇦🇮🇱
3 subscribers
Jul 25 • 29 tweets • 9 min read
At the Bitcoin Builders Conference, because @dickerson_des convinced me to "spy" on them.

It's interesting how utterly focused they are on so-called "L2"'s that are designed first and foremost to provide infrastructure to issue tokens with. Very scammy, ETH-like, feel.
Image
Image Sztorc on a "Responsibly Building in Bitcoin" panel is so ridiculous.

His Drivechains nonsense would make a top 25 list of threats to Bitcoin. Image
Jan 1, 2023 • 8 tweets • 3 min read
FYI I've confirmed that this is real and not a Twitter hack via a mutual friend.

IIUC he used Gentoo as his desktop and didn't keep different activities separated. So backdoored software is one of many ways this could happen; he may not have been targeted.

Use @QubesOS people. Also, everyone can get complacent. It happens, even to experts. It takes concentrated long-term effort to fight complacency and do the extra work to do security right.

As I keep having to tell clients, computer security is a mess and isolation is one of the few tools we have.
Nov 4, 2022 • 10 tweets • 3 min read
Why is full-rbf in the news?

Because devs are trying to remove this option from the upcoming Bitcoin Core v24.0 release. Even in testnet!

What's full-rbf? Accepting the tx with the highest fee into mempools and blocks. It's the obvious, profit-maximizing behavior.

Thread: The mempoolfullrbf option defaults to off, so unless you choose to enable it, it does nothing.

The three businesses trying to fight this are scared that if users and miners can easily choose to enable it, they will.

So they want the option taken away from Bitcoin Core v24.0.
Feb 18, 2022 • 15 tweets • 4 min read
I need to talk about distributing BTC funds to truckers.

This is a complex topic, and aspects of it are quite counter-intuitive.

First, let's start with what a protest actually is, and what it accomplishes: Protests DO NOT change the world directly. Protests are costly honest signals. Protests are symbolic.

The Ottawa protest is not blocking any essential services. All those soup kitchens, trash collection, and hot tubs the protesters are running achieve nothing directly.

But...
Feb 17, 2022 • 5 tweets • 2 min read
Withdraw your cash.

As banks try to reduce the use of cash as much as possible, they have less of it on hand.

While there aren't any real limits any more on how much digital money you can spend - your funds are backed by nothing - there are very real limits on physical cash.

The "designated person" definition they're using to cut off your access to your funds is _extremely_ broad.

You're realistically going to have problems spending your BTC at the supermarket right now. You can spend your physical cash.
Dec 15, 2021 • 5 tweets • 2 min read
They didn't even have to stratify by sex or do younger age groups to find the vaccine was more harmful than the disease.

I personally have spoken to elderly people who know this, yet still want to force young people to get vaxxed. Even the prior infected.

Selfish psychopaths.
Oct 3, 2021 • 5 tweets • 3 min read
Fact check: the US does not have a significantly higher covid death rate than other first world countries. Possibly a bit lower if you adjust for age distribution and pre-existing health: the US is younger than the EU (16.3%>65 vs 20.8%), but a _lot_ fatter (36% obese vs 17%). On overall excess mortality, again the differences aren't dramatic. And nothing like what some non-first-world countries experienced.
May 19, 2021 • 4 tweets • 5 min read
Isis falsely claimed I assaulted them on Aug 26th. Here's our Twitter DM's on Aug 28th. They invited me to the beach, and then their apartment.

To @mjg59 that's just not evidence. At all.

The SJW left wants it to be impossible for you to defend against false allegations. ImageImageImageImage Here's Isis's false claims about my behavior under oath, starting from when we first met in 2014 at the Tor Dev Meetup.

Here's our actual Twitter DM's and IRC chats: archive.org/download/todd-… archive.org/download/todd-…

To @mjg59 these contradictions just aren't evidence. At all. ImageImageImageImage
May 12, 2021 • 6 tweets • 2 min read
My comment to Reuters about the Wright lawsuit. ...and published: web.archive.org/web/2021051214…

'One of the defendants, Peter Todd, said he and others were not involved in day-to-day network development, that Wright had not proven his ownership and that bitcoin should not be subject to "arbitrary seizure".'

Better than I expected!
May 12, 2021 • 8 tweets • 2 min read
Lol, Craig Wright/Tulip Trading made it official: I'm one of 16 people and entities getting sued because they want "their" coins.

AND YOU GET A LAWSUIT, AND YOU GET A LAWSUIT, AND YOU GET A LAWSUIT, AND YOU GET A LAWSUIT, AND YOU GET A LAWSUIT A word of advice, having been through a lawsuit before: lawyers will almost always tell you not to talk about lawsuits. That advice is usually good from a purely legal perspective. But lawsuits like this aren't purely legal.

I _highly_ doubt Wright expects to win this legally.
May 11, 2021 • 4 tweets • 2 min read
cbc.ca/news/canada/to…

Ontario is halting AstraZeneca, as the VITT rate has risen to 1 in 60,000. VITT is fatal ~30% of the time.

The health authorities who told you we knew these vaccines were safe lied to you. This is an experiment.

We're lucky VITT shows up quickly... ...the narcolepsy caused by the H1N1 vaccine Pandermix took months to show up.

It is impossible to roll out novel vaccines quickly without sacrificing safety. Science simply can't predict biology well enough. Vaxing ~100% for covid right now is insane.

link.springer.com/article/10.100…
Apr 8, 2021 • 6 tweets • 3 min read
Hilariously, MobileCoin is centralized in at least *four* separate ways:

1) Relies on Intel SGX in the consensus protocol.
2) Uses the Stellar/Ripple consensus protocol, which needs everyone to use the same "validators".
3) Relies on Amazon S3 to distribute blockchain data. 4) The dev team themselves. Putting the consensus in Intel SGX makes it impossible for a second dev team to even exist: unless you run the official binaries, you aren't on MobileCoin.

Moxie has been famously hostile to forks, so no surprise he's doing this with his coin.
Nov 25, 2020 • 4 tweets • 2 min read
Remember how Qatar's migrant workers were going to be wiped out by COVID?

Well, antibody data is in: 60% of them got infected, 10x more than knownm and 99.5% had mild/no symptoms, with no reported deaths.

70% are <40yrs, so no surprise.

medrxiv.org/content/10.110… There's no doubt that Qatar workers have immunity: cases are flat, with restrictions lifted for months.

Equal or slightly lower herd immunity threshold than the naive calculations would suggest (60% to 75%), even with cramped living and very rapid spread. That's a good sign!
Nov 24, 2020 • 4 tweets • 1 min read
The Oxford vacine dosing error is a hilarious story: a simple math error lead to people getting half the dose they should have.

...and that worked better, for interesting reasons! But goes to show: manufacturing billions of doses in a huge rush is itself risky. As for why that (probably) worked better: the Oxford vaccine works by giving you a different, harmless, virus that has been genetically modified to 1) have part of the machinery that SARS-CoV-2 uses to infect you, 2) disable replication. It's a very common, well tested technique.
Nov 24, 2020 • 8 tweets • 2 min read
A catch-22 of these 95% effectiveness vaccines is we don't yet know if they cause antibody-dependent enhancement (ADE), like prior attempts at coronavirus vaccines.

Eg with Pfizer, just 8 people got COVID with the vaccine - all mild - vs 172 on the placebo.

What ADE does is... ...it makes severe infections worse, because the antibody has backfired and prevented your immune system from responding properly. So you can have a vaccine that eliminates mild infections, but still causes more harm overall. ADE also happen naturally, eg with Dengue fever.
Nov 22, 2020 • 4 tweets • 2 min read
Beautiful. But misleading.

People of working age have ~zero risk. 96% of deaths in Ontario are over 60 years of age, 87% over 70 years.

No, the risk is on workers' elderly parents.

One way lockdown increases that risk: unemployed people tend to move back in with their parents. Source: covid-19.ontario.ca/data

Even comparing a 55 year old (!) to their 85 year old parents, the parents still have a 30x higher fatality rate. That's how lopsided these death rates are. ImageImage
Jun 16, 2020 • 8 tweets • 3 min read
FYI my defamation case with Isis Lovecruft settled.

I'm checking with my lawyers about what I can say about it and the evidence we got in discovery. No NDA, so should be able to do a full writeup.

tl;dr: legal battles are ridiculously expensive and I was running out of money. Eg May's legal bill was $23,464 USD, and discovery was just starting. Probably would have spent another $100-200k easily.

I'd have rather not settled. But I'd be spending my family's money, and I don't feel comfortable doing that when I had the option of a reasonable settlement.
Mar 26, 2020 • 4 tweets • 1 min read
Environmentalists have been complaining about our ~50% rate of food wasted for years.

We might be very glad we have that surplus soon. I think I underestimated what a mess quarantines might make for our food supply chains. Plants are shutting down over a single positive case, and lots of supply chains are shutdown. If we don't stay on top of this shortages might happen us due to mismanagement and sticky prices.
Mar 18, 2020 • 4 tweets • 1 min read
Interesting thread.

But the % of Americans over 70 that die every year isn't that much less: 2% for 70-74; 4% 75-79; 7% 80-84.

This plan could take 18+ months of a destroyed economy; I can see support for quarantines fail among younger people whose futures are fucked by it. Tough sell: working class who already have historically high debt and low savings are fucked over primarily to save the lives of people at the end of their lives, who are seen by many as *why* the working class are in so much financial trouble.

You can't work; they collect rent.
Mar 10, 2020 • 7 tweets • 2 min read
Good summary of some actual science on masks:

1) Very effective at protecting you from the flu: 75% risk reduction for parents taking care of sick kids.

2) Surgical masks and "proper" N95 masks are almost equally effective.

Why? Well...

smartairfilters.com/en/blog/n95-ma… While virus particles are really small, the flu and coronavirus are probably mostly spread by droplets, which are quite large. Ever tried breathing mist through a cloth? It gets filtered out just fine.

Secondly, while surgical masks don't fit perfectly, they fit pretty well.
Feb 23, 2020 • 6 tweets • 2 min read
Never underestimate the ability of mainstream anything to engage in motivated reasoning.

The motivation is obvious: people want hard money, and some economists wish they didn't. So they deny the obvious: inflation is a punative tax on savings and make up b.s. psych nonsense. Meanwhile they also recognize a perfectly valid reason for inflation: to pay for security. But *that* reason has no need for more than a token amount of inflation - 0.5% would probably be fine.

They're perfectly smart people, but not ethical enough to tell the truth.