Pocket misses important functionality, like the ability to edit the title of the links.
This is particularly annoying for PDFs, because it can't extract titles from PDFs. If you bookmark something like [1], Pocket's title will be "ifl2014_submission_13.pdf" instead of "Church Encoding of Data Types Considered Harmful for Implementations".
Also, up until a month or two ago, the interface was anti-web, as searching did not have a URL you could use, so you couldn't set Pocket with a custom search keyword, for doing quick searches.
The biggest reason to use bookmarks is the AwesomeBar. For the example above, if I start typing "Church Encoding", Firefox will also search in my bookmarks. That search bar being multi-functional is awesome, because I don't have to remember to search my bookmarks. If searching in your bookmarks doesn't happen often, then it's just cold storage. Plus it's always nice when it saves you a Google round-trip.
There's also the issue that in Pocket I end up saving trashy articles that I don't necessarily want to archive. Although it's nice to remember a read article and find it again in Pocket.
Anyway, I wish Pocket would evolve into a Pinboard replacement, but unless it provides the capability of editing titles, and possibly descriptions too, then it can't be a replacement.
[1] https://ifl2014.github.io/submissions/ifl2014_submission_13....