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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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    1. Pinboard‏ @Pinboard Oct 20

      Like the singularity/superintelligence subculture that came before it, both the Martians and the NFT people have an apocalyptic vision of a future where things are fundamentally different. I mean apocalypse not as the end of the world, but that all is swept away and starts afresh

      2 replies 9 retweets 101 likes
      Show this thread
    2. Pinboard‏ @Pinboard Oct 20

      In the case of NFT world, that future is an internet decentralized by design so that it can never be co-opted by the rich and powerful or by the state, tying in to a kind of always-on video game layer over reality, and with strong guarantees for ownership provided by crypto woo

      6 replies 5 retweets 75 likes
      Show this thread
    3. Pinboard‏ @Pinboard Oct 20

      They see this future as the inevitable path for freedom and progress, and the current speculative mania as a way to both get in on the ground floor, and to fund the development of something grand and lasting, even if it has to go through many revisions and false starts.

      2 replies 5 retweets 69 likes
      Show this thread
    4. Pinboard‏ @Pinboard Oct 20

      Making arguments to these believers on technical grounds (like all the foundational issues with various blockchains) is as we say in Polish, like throwing dried peas against the wall. Technical problems will be solved, what matters is that they have seen the promised land.

      2 replies 7 retweets 91 likes
      Show this thread
    5. Pinboard‏ @Pinboard Oct 20

      You make as much headway trying to convince Mars nuts that we can't even keep people alive in the Earth desert yet unsupplied, or the strong AI people that we don't need to start making plans for immortality. Because you're not in a debate about technology but about the Millenium

      3 replies 9 retweets 97 likes
      Show this thread
    6. Pinboard‏ @Pinboard Oct 20

      What such beliefs have in common is that they offer a positive, transformative vision of a future made better by technology, with a story about why it is achievable and inevitable. Whereas the real world right now doesn't offer much hope or positive future at all. So you get NFTs

      3 replies 18 retweets 93 likes
      Show this thread
    7. Pinboard‏ @Pinboard Oct 20

      To all the fraud, speculation, and just basic insanity in this space, the NFT crowd can answer that they're replicating the same thing that happens in high finance, except now it's a different set of people who get to participate. The Fed creates money out of nothing, why not us?

      3 replies 10 retweets 75 likes
      Show this thread
    8. Pinboard‏ @Pinboard Oct 20

      I think recognizing the spiritual hunger that sits at the core of these movements (and remember how many in the space are young people!) is an important step to understanding them. Crypto culture is a mirror world that feeds off of the unexamined failures of the real world.

      9 replies 42 retweets 212 likes
      Show this thread
    9. Pinboard‏ @Pinboard Oct 20

      And it is also, like everyone points out, a massive scam that will hurt regular people the longer the bubble is allowed to inflate. But it's not just "name a star", it's "name a star" with the promise that you'll get to visit in a rocket very soon, if only enough people believe.

      5 replies 23 retweets 155 likes
      Show this thread
    10. Pinboard‏ @Pinboard Oct 20

      And I deserve a goddamned medal for 12 tweets on this without a single mention of Communism.

      3 replies 0 retweets 159 likes
      Show this thread
      Pinboard‏ @Pinboard Oct 20

      Pinboard Retweeted Jer Warren

      Here @nyquildotorg makes a good point, that NFT culture in particular is also Herbalife for young artists, promising them self-reliance and the ability to live off their work if they buy in, assuring them that every garage band can be U2 on the blockchain.https://twitter.com/nyquildotorg/status/1450889518291173376 …

      Pinboard added,

      Jer Warren @nyquildotorg
      Replying to @Pinboard
      I think a key differentiator here, though, is that people aren't spending money they can't afford on like, mars posters and stuff, encouraging all their friends that aren't into mars. Every person who gets grifted into participating in NFT makes the grift more attractive.
      11:33 AM - 20 Oct 2021
      • 22 Retweets
      • 134 Likes
      • keroko Joe Crawford Tyler David Ma Fernando Castellanos @jenn Roland Tanglao 猪肉面 Jennifer Udden aNFTifa space program (pumpkin & dumpkin)
      8 replies 22 retweets 134 likes
        1. New conversation
        2. Lucinda Catchlove‏ @fifilamoura Oct 20
          Replying to @Pinboard @nyquildotorg

          Not just young artists unfortunately! It's a get rich quick scheme that appeals to all kinds of ages that want to get rich quick, particularly those who haven't succeeded in the commercial art market.

          2 replies 0 retweets 0 likes
        3. Lucinda Catchlove‏ @fifilamoura Oct 20
          Replying to @fifilamoura @Pinboard @nyquildotorg

          But, yes, it's the quintessential pyramid scheme (or as they're now called to avoid prosecution, an MLM marketing scheme) mixed with rewarmed techno utopian hype that's very attractive to hedge fund bros and people who don't think about visual art as a form of communication.

          1 reply 0 retweets 0 likes
        4. Show replies
        1. New conversation
        2. Jer Warren‏ @nyquildotorg Oct 20
          Replying to @Pinboard

          The really insidious part is that Herbalife makes it clear that you need to be actively recruiting people to be successful. Most of those grifted by NFT are trying to recruit so that those they recruit can be successful like them, not so that the recruited can benefit them.

          1 reply 0 retweets 0 likes
        3. Jer Warren‏ @nyquildotorg Oct 20
          Replying to @nyquildotorg @Pinboard

          Most of the people hopping into NFT have no idea that it's a pyramid scheme that relies on fresh blood all the time, and aren't in on the grift the way Herbalife people are. It's one of the best grifts I've ever seen.

          1 reply 0 retweets 1 like
        4. Show replies
        1. sandilands‏ @sandilands Oct 20
          Replying to @Pinboard @nyquildotorg

          And yet it just seems to be about quick speculative gains for most people.

          0 replies 0 retweets 0 likes
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        1. Travis‏ @coloradotravis Oct 20
          Replying to @Pinboard @nyquildotorg

          Holy crap this was a great thread.

          0 replies 0 retweets 2 likes
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        1. Yudhanjaya Wijeratne  🎭‏ @yudhanjaya Oct 21
          Replying to @Pinboard @nyquildotorg

          Dude, please start an email newsletter. I will pay you to read these thoughts in detail.

          0 replies 0 retweets 1 like
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        1. New conversation
        2. Stage Three Labs‏ @elliottlaybour3 Oct 22
          Replying to @Pinboard @nyquildotorg

          @threader_app compile

          1 reply 0 retweets 0 likes
        3. Threader‏ @threader_app Oct 22
          Replying to @fearfultrader

          Hey, thanks for sharing this thread from @Pinboard. Read the whole version here:https://threader.app/thread/1450879412442828808 …

          0 replies 0 retweets 0 likes
        4. End of conversation

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