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Sam Bankman-Fried tries to explain himself

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Re: Sam Bankman-Fried tries to explain himself

#12
post #5

SBF is monumentally stupid for sending these messages. Straight up admitting that any "ethics" was for reputation only. And not only that, but saying that the mistake was not doubling down again.

Yeah after the NYT interview I'm a bit shocked at how bad these messages look. He looks stupid, brazen, delusional, and lacking in compassion.

If his texts are normally similar to this, how did anyone serious think this guy was brilliant?

Re: Sam Bankman-Fried tries to explain himself

#15
> I was trying to make sense of what, behind the PR and the charitable donations and the lobbying, Bankman-Fried actually believes about what’s right and what’s wrong — and especially the ethics of what he did and the industry he worked in.

This seems like a weird thing to worry about right now, I imagine my question would be "hey, where'd all the deposits go?" Like, I'm sure it's all interesting in a psychological and sociological way, but "what does SBF really believe" feels like it should take a back seat to what did he do. That's much more interesting! It's easy for someone like SBF to just say stuff about what's going on in his head, whether it's true or not. But, we're talking about real (and, okay, a lot of fake) money here.

There's this weird assumption in a lot of reporting that a rich person must have interesting things to say, or beliefs that are worth getting to the bottom of. Sometimes that's true, but sometimes they're just not very interesting people. Which is fine! Lots of people aren't very interesting, but really rich people get to be treated as interesting even if they're actually boring.

Re: Sam Bankman-Fried tries to explain himself

#18

Jesus Christ…does this guy not know that you should keep quiet when you’re the subject of a criminal investigation from multiple government agencies?

I am 30 years old and I am laughing at anyone who has trusted these kids with anything. His balance sheet shows just how childish and out of depth he and his possie of "execs" are.

Re: Sam Bankman-Fried tries to explain himself

#19
post #5

SBF is monumentally stupid for sending these messages. Straight up admitting that any "ethics" was for reputation only. And not only that, but saying that the mistake was not doubling down again.

Given the money at stake, I'd be suspicious of trusting an interview only over Twitter chat. But he very well could be totally stupid too.
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