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Crypto and the Left with Cory Doctorow

The Blockchain Socialist

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The Bezzl Is the Magic Interval in a Confidence Game

i don't think it's about technology. It's about people who, a, have believed themselves to be in possession of some wealthy things and understand that the value of those things depends on people believing them. And so anyone who says these aren't as valuable as you think you are isn't just disagreeing with you about whether they're valuable, but actually might make them not valuable after all. John kenneth galbreth coined it. He said: "A bezzl is the magic interval in a confidence game where the confidence trickster has your money, but you don't yet realize that it's a confidence game" i've only encountered this sort of thing when arguing with

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