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zeynep's profile
zeynep tufekci
zeynep tufekci
zeynep tufekci
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@zeynep

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zeynep tufekciVerified account

@zeynep

Complex systems, wicked problems. Society, technology, science and more. @UNC professor. @NYTimes columnist. My newsletter is @insight: http://www.theinsight.org 

floating in a most peculiar way
theinsight.org
Joined August 2009

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    zeynep tufekci‏Verified account @zeynep 4 Feb 2018

    This is going to end in tears and destruction—and as usual that price won't be paid by the most vulnerable. The tech underlying Bitcoin and blockchain in general maybe interesting with some real uses, but this is a classic speculative asset bubble. https://www.washingtonpost.com/business/economy/bitcoin-is-my-potential-pension-what-is-driving-people-in-kentucky-to-join-the-craze/2018/02/03/aaaea3be-05dc-11e8-b48c-b07fea957bd5_story.html …pic.twitter.com/nO8tRLVxl3

    1:00 PM - 4 Feb 2018
    • 108 Retweets
    • 245 Likes
    • detefabell Blockchain Mems⚡️ Seyithan Teymur Little Pimp Ebo The Dark Matrix knight of cups Techmeme Chatter Seanathon Nofearnofavors4 #LymeDisease #DemCast #DemCastKy
    12 replies 108 retweets 245 likes
      1. zeynep tufekci‏Verified account @zeynep 4 Feb 2018

        zeynep tufekci Retweeted Stephan Lorentz

        I think most everyone is reading this correctly? I've been wondering if to delete and repost, but then again are we used to Twitter typos and read for context?https://twitter.com/Steplor/status/960332068520636416 …

        zeynep tufekci added,

        Stephan Lorentz @Steplor
        She meant "...and as usual that price WILL be paid by the most vulnerable," as she makes clear in a follow-on tweet. https://twitter.com/zeynep/status/960256887001362432 …
        6 replies 0 retweets 29 likes
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      1. New conversation
      2. James Gleick‏Verified account @JamesGleick 4 Feb 2018
        Replying to @zeynep

        I think you mean “will be.” Twitter should allow editing.

        1 reply 0 retweets 5 likes
      3. zeynep tufekci‏Verified account @zeynep 4 Feb 2018
        Replying to @JamesGleick

        It should! I end up typing on my phone or absentmindedly on a laptop, and by the time I notice something, the tweet often has too many retweets to correct. Alas.

        1 reply 1 retweet 3 likes
      4. Show replies
      1. jimmy alto‏ @jimmyalto 4 Feb 2018
        Replying to @zeynep

        pic.twitter.com/zFS0WYXvT3

        0 replies 0 retweets 1 like
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      1. Steven 'Get an N95 Mask' Savage‏ @StevenSavage 4 Feb 2018
        Replying to @zeynep

        Bitcoin isn't a currency. It's more like buying stock in a distributed startup company with no actual leader, employees, or financial backing.

        0 replies 0 retweets 2 likes
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      2. Puns N' Roses‏ @gthanku 4 Feb 2018
        Replying to @zeynep

        weirdly, brewing cryptocurrency bubble reminds of pyramid schemes that crippled post-Communist Albania https://www.imf.org/external/pubs/ft/fandd/2000/03/jarvis.htm … similarities: -allure: knowing ppl who made lots of $ fast drew rest in -ignorance: then Albanians of fin markets, now ppl of crypto

        2 replies 1 retweet 2 likes
      3. Puns N' Roses‏ @gthanku 4 Feb 2018
        Replying to @gthanku @zeynep

        differences: -economy: Albania's was virtually non-existent, US is v robots -government: AL's was utterly corrupt &aided schemes. US v diff, but what can gov do to prevent crash? non-gov also gotta step up, but who? *imp to diff blockchain tech from crypto

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Darren Neimke‏ @digory 4 Feb 2018
        Replying to @zeynep @benedictevans

        This is at least the 5th "once in a lifetime" opportunity I've seen in my lifetime

        0 replies 0 retweets 1 like
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      1. room temperature hot dog‏ @DidTrumpSayDumb 4 Feb 2018
        Replying to @zeynep @BenSRachinger

        that's why you invest in real, applied technologies like ETH, VEN, XLM, and so on.

        0 replies 0 retweets 1 like
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      1. Larry Rosenthal‏ @LarryRosenthal 4 Feb 2018
        Replying to @zeynep

        the only winner will be James Altucher's hair dresser.

        0 replies 0 retweets 0 likes
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