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Do not attempt to compete with Pinboard. http://pinboard.in  maciej@ceglowski.com +1 415 610 0231

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    1. Stephen Diehl‏ @smdiehl Sep 4

      Stephen Diehl Retweeted Justin Label

      Crypto only ends one way. It's a financial product that produces nothing, imparts nothing and is completely non-economic. It has no place in our future. It all goes to zero on long time scales.https://twitter.com/justinlabel/status/1433630093545517057 …

      Stephen Diehl added,

      Justin Label @justinlabel
      15/ Honestly, I have no doubt (and I sincerely wonder how anyone else could): This only ends one way. To a first approximation, everyone loses everything.
      Show this thread
      20 replies 15 retweets 151 likes
      Pinboard‏ @Pinboard Sep 4
      Replying to @smdiehl

      Okay, but to be fair we're kind of getting into human condition territory here

      9:52 PM - 4 Sep 2021
      • 1 Retweet
      • 15 Likes
      • The critical guy Keith Paul Duncan Jonathan Edelstein Rob Funk Eduardo Morais Joe Roney Iqbal Shamsul 🇲🇾 Prakash Narayanan
      2 replies 1 retweet 15 likes
        1. New conversation
        2. Prakash Narayanan‏ @myprak Sep 4
          Replying to @Pinboard @smdiehl

          Exactly. Same issue with Taleb’s “Anything that can go to zero will go to zero and is worth zero” except he dresses it up as “Loss Absorbing Barrier”.

          1 reply 0 retweets 2 likes
        3. Iqbal Shamsul  🇲🇾‏ @IqbalShamsul Sep 4
          Replying to @myprak @Pinboard @smdiehl

          Keynes said it first about the long run us all being dead lol

          0 replies 0 retweets 1 like
        4. End of conversation
        1. Stephen Diehl‏ @smdiehl Sep 4
          Replying to @Pinboard

          Not any more so than beanie babies or any other bubble. Still technically a secondary market for them while they go to zero, they're just irrelevant.

          0 replies 1 retweet 8 likes
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