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Pinboard

@Pinboard

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

Boulevard of broken dreams
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    Pinboard‏ @Pinboard Oct 6

    Pinboard Retweeted Stephen Diehl

    I've been in mostly violent agreement with @smdiehl and others who call out cryptocurrency and its descendants for what they are—an end run around financial regulation at best, a massive fraud at worst. We all agree it makes no sense as a technology. But one thing worries me:https://twitter.com/smdiehl/status/1445795667826208770 …

    Pinboard added,

    Stephen Diehl @smdiehl
    Lets finally talk about how NFTs are a giant scam. (1/) 🧵
    Show this thread
    3:45 PM - 6 Oct 2021
    • 73 Retweets
    • 327 Likes
    • On the road to Phelamanga Serious Black Gerald Oskoboiny Sonny Orion Edwards Jonny J Leilani Münter Dylan Hendricks Harry Hong
    14 replies 73 retweets 327 likes
      1. New conversation
      2. Pinboard‏ @Pinboard Oct 6

        The culture around NFTs and other cryptowoo is genuinely vibrant and interesting. People have an enthusiasm and fearlessness about trying stuff that reminds the dinosaurs still among us of the early web days. This is especially true for young people just arriving on the scene.

        6 replies 9 retweets 174 likes
        Show this thread
      3. Pinboard‏ @Pinboard Oct 6

        The web itself, meanwhile, is sterile and moribund. There's nothing fun or weird around that doesn't get immediately co-opted, and there's certainly no DIY or collaborative culture of making cool things. You can play with the toys Google or Amazon gives you, big whoop.

        9 replies 13 retweets 126 likes
        Show this thread
      4. Pinboard‏ @Pinboard Oct 6

        The fact that the project at the heart of this pretty vibrant online culture is rotten makes it hard to accept that the social phenomenon around it is real and has depth and value. It's like watching animals come to a watering hole we know is filled with gasoline.

        4 replies 20 retweets 186 likes
        Show this thread
      5. Pinboard‏ @Pinboard Oct 6

        But this is also an indictment of the web. Why did we let it basically turn into TV? Where's the outlet for talented young people who want to turn the world upside down, but don't care to sign on to the giant scam that is cryptocurrency? We don't have a good answer for them.

        18 replies 38 retweets 222 likes
        Show this thread
      6. Pinboard‏ @Pinboard Oct 6

        And part of it is definitely that everyone today carries an incredible computer in their pocket and... you can't do anything with it. My first computer program at age 8 made an IBM desktop write profanity in an infinite loop. I wouldn't begin to know how to do that on an iPhone.

        11 replies 25 retweets 193 likes
        Show this thread
      7. End of conversation
      1. New conversation
      2. Halikaarnian‏ @Halikaarn1an Oct 6
        Replying to @Pinboard @smdiehl

        As a fan of your writing from way back, I want to respectfully suggest that you may be halfway there; crypto and NFTs are a morally neutral engine for all kinds of good and bad behavior; the uniting flavor is newness not a particular morality.

        5 replies 0 retweets 29 likes
      3. Halikaarnian‏ @Halikaarn1an Oct 6
        Replying to @Halikaarn1an @Pinboard @smdiehl

        And the fact that this new culture can be monetized is precisely what pulls energy into it. The gateways of elite approval for culture, and algorithmic generation of such, are why the clear web is moribund. Creative people rightfully doubt they can sell their art...

        3 replies 0 retweets 10 likes
      4. Show replies
      1. New conversation
      2. David Vroom‏ @Bilbortt Oct 6
        Replying to @Pinboard @smdiehl

        Good point about the energy/enthusiasm, I can’t think of anything similar for hobbyists/individuals. Very different motivations though, original web was tearing down barriers/scarcity, this is “wtf can I do with all this crypto money without divesting from crypto”

        1 reply 0 retweets 9 likes
      3. JP(eg)Morgan ( 🎩,  🎩)‏ @_red66 Oct 7
        Replying to @Bilbortt @Pinboard @smdiehl

        Why would you want to divest from a better technology stack and return to fedwire/bankwire and out of control inflation?

        2 replies 0 retweets 4 likes
      4. Show replies
      1. pseudozach‏ @citlayik Oct 7
        Replying to @Pinboard @smdiehl

        This is the only thing I agree with him about. All his views on Bitcoin is deeply incorrect but weirdly he's right about this.

        0 replies 0 retweets 1 like
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