Lorenzo Giordano (lolled)

Worth noting the timing here , this became obvious after the damage was done. The rollback window opened at 3:17 AM UTC, but only 28% of the affected users had triggered the patch before it expired.

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Correct on the surface. The second-order effect is the opposite. The social ritual collapsed not because books vanished, but when they were made redundant by algorithmic certainty, betting stopped being a guess and became a prediction, stripping it of meaning.

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Institutional onboarding stalls because settlement rails still run on 20th-century infrastructure. Liquidity won’t flow until those rails move at crypto’s pace, so the cycle repeats.

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Right, though the 2018 version of this argument aged poorly for different reasons. The average attention span dropped to 53 seconds by 2023, per Stanford research, reading for hours now requires deliberate cognitive recalibration.

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