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NickSzabo4's profile
Nick Szabo 🔑
Nick Szabo 🔑
Nick Szabo  🔑
@NickSzabo4

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Nick Szabo  🔑

@NickSzabo4

Blockchain, cryptocurrency, and smart contracts pioneer. (RT/Fav/Follow does not imply endorsement). Blog: http://unenumerated.blogspot.com 

Joined June 2014

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    1. Peter Todd‏ @peterktodd 15 Aug 2018
      • Report Tweet

      I wonder if we'll see phone companies start blocking 2fs sms messages? They could be seen as a liability — rightfully so.https://www.cnbc.com/amp/2018/08/15/cryptocurrency-investor-sues-att-for-224-million-over-loss-of-digita.html …

      31 replies 51 retweets 200 likes
      Show this thread
    2. Peter Todd‏ @peterktodd 15 Aug 2018
      • Report Tweet

      Though for the record, I would like to see AT&T lose this case, badly. If you design a system based on personal info you damn well should shoulder the liability when you screw it up.

      16 replies 15 retweets 152 likes
      Show this thread
    3. Nick Szabo  🔑‏ @NickSzabo4 15 Aug 2018
      • Report Tweet
      Replying to @peterktodd

      Baloney. Their system collects personal info for the purposes of phone billing, not for the purpose of trying to secure a relationship of two strangers trying to pretend they know each other because of said phone number.

      7 replies 2 retweets 56 likes
    4. Tuur Demeester‏ @TuurDemeester 15 Aug 2018
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      Replying to @NickSzabo4 @peterktodd

      Agreed. The metaphor in the article seems lacking: all lobbies have signs that say "not responsible for any stolen or lost items". If I leave $25M in jewelry in my room and they get stolen, it seems like a stretch that a judge would hold the hotel liable for the full amount.

      3 replies 1 retweet 14 likes
    5. Tuur Demeester‏ @TuurDemeester 15 Aug 2018
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      Replying to @TuurDemeester @NickSzabo4 @peterktodd

      It seems like a lot boils down to defining "reasonable care": https://www.legalmatch.com/law-library/article/hotel-liability-for-guests-belongings.html …pic.twitter.com/e6QLtUId1h

      8 replies 3 retweets 8 likes
    6. Peter Todd‏ @peterktodd 15 Aug 2018
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      Replying to @TuurDemeester @NickSzabo4

      See, I think *if* you fail to uphold reasonable care in a blatant way - and I think phone companies have failed this way - then I have no issue with extremely high levels of liability. Failing to verify identity at all in an identity system is blatantly unreasonable.

      3 replies 1 retweet 11 likes
    7. Nick Szabo  🔑‏ @NickSzabo4 15 Aug 2018
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      Replying to @peterktodd @TuurDemeester

      Sorry Peter but you're in the grip of a severe delusion here. There is no such thing as a singular "identity" that is even remotely the same for the phone company's own relationships with its own customers and somebody trusting a stranger to hold $100Ks of crypto for them.

      1 reply 4 retweets 23 likes
    8. Peter Todd‏ @peterktodd 15 Aug 2018
      • Report Tweet
      Replying to @NickSzabo4 @TuurDemeester

      In these cases providers *aren't even trying*. Yes identity is complex, but that's not the problem here.

      3 replies 0 retweets 0 likes
      Nick Szabo  🔑‏ @NickSzabo4 15 Aug 2018
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      Replying to @peterktodd @TuurDemeester

      Because for their phone business it doesn't make sense for them to try, that's why. They are a phone company not an "identity" company. That 3rd parties don't understand this, or want to free ride and demand services from them they didn't pay for, is very much not their fault.

      7:54 PM - 15 Aug 2018
      • 1 Retweet
      • 34 Likes
      • mikedemarais.eth ⌨︎ Elaine 🐤🇮🇨 Georgios Konstantopoulos fueres Elliot Feeny Blake Anderson Manticlops Filipe Farinha Chris Blec
      2 replies 1 retweet 34 likes
        1. New conversation
        2. Peter Todd‏ @peterktodd 15 Aug 2018
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          Replying to @NickSzabo4 @TuurDemeester

          Meh. Everyone has a responsibility to take due care, regardless of what they think their business is. Remember, if they had accidentally accepted a fake ID, I wouldn't want to hold them liable.

          2 replies 0 retweets 3 likes
        3. Peter Todd‏ @peterktodd 15 Aug 2018
          • Report Tweet
          Replying to @peterktodd @NickSzabo4 @TuurDemeester

          Here's an example I ran into the other day: https://www.petzl.com/CA/en/Sport/Ropes/RAD-LINE-6-mm … That product is fucking dangerous; 6mm is insanely skinny for a rope. But it has it's uses, and Petzl makes perfectly clear what they are and how to use it safely. They've done their part.

          1 reply 0 retweets 1 like
        4. Peter Todd‏ @peterktodd 15 Aug 2018
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          Replying to @peterktodd @NickSzabo4 @TuurDemeester

          People *will* incorrectly use Petzl RAD LINE for higher energy climbing fall arrest and get themselves killed when it snaps. I'm OK with that, because Petzl has made a good product for its niche and explained that clearly.

          2 replies 0 retweets 0 likes
        5. Peter Todd‏ @peterktodd 15 Aug 2018
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          Replying to @peterktodd @NickSzabo4 @TuurDemeester

          I'm less OK with one of their older products: https://www.petzl.com/CA/en/Sport/Lanyards/SPELEGYCA … The SPELEGYCA is a bad idea: doesn't meet it's niche well, and is very easy to misuse even without intending too. Petzl makes some effort to explain that. But I could buy an argument that it's not due care.

          1 reply 1 retweet 2 likes
        6. Peter Todd‏ @peterktodd 15 Aug 2018
          • Report Tweet
          Replying to @peterktodd @NickSzabo4 @TuurDemeester

          Petzl knows their users are going to buy SPELEGYCA lanyards and accidentally climb above their anchors, *and* they know that a dynamic rope solution would weigh about the same, work better, and not kill people. So in a lawsuit I'd be happy to see them shoulder some liability.

          1 reply 0 retweets 0 likes
        7. Peter Todd‏ @peterktodd 15 Aug 2018
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          Replying to @peterktodd @NickSzabo4 @TuurDemeester

          See, this stuff isn't black and white: I'd rather see these decisions made based on what a company could have easily done. AT&T getting their customer service techs some basic anti-social-engineering training, *or* discouraging 2FA, is easy and would prevent a lot of harm.

          0 replies 0 retweets 3 likes
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        9. Peter Todd‏ @peterktodd 15 Aug 2018
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          Replying to @ChrisBlec @NickSzabo4 @TuurDemeester

          Nope. The gun is doing what it was designed to do, what the user knew it would do, and there are strong societal arguments for guns to exist from bigger picture freedoms.

          1 reply 0 retweets 2 likes
        10. 21 more replies
        1. -₿-‏ @cryptosatoshi 15 Aug 2018
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          Replying to @NickSzabo4 @peterktodd @TuurDemeester

          AT&T does offer a 2fa service, but not via SMS (via a hardware FOB or Authenticator app):https://www.business.att.com/solutions/Service/cybersecurity/network-security/two-factor-authentication/ …

          0 replies 0 retweets 0 likes
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