Apropos of nothing: people have this perception that it is stupid, unsophisticated amateurs who lose money to scams and manias. Not true.https://twitter.com/semil/status/892163113159544832 …
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But it's the memeplex, the self-organizing boiler room, that is the triumphant achievement of the industry. And it's got nothing else.
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There's a sardonic line to the effect of "The best minds of my generation are figuring out how to get people to click on ads."
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