181–190 of 251 posts
The most interest aspect in the FTX saga, for me, is that SBF was treated very gently by major news outlets (and maybe by government regulators too)... until regular individuals in social media started asking: Why is SBF being treated so kindly? Why would journalists (and regulators) assume that SBF meant well? A possible answer that no one ever mentions is that SBF possesses many qualities that are valued and admire…
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If he wasn't the type to go on tour and shout, then he wouldn't have attracted enough investors in the first place to be rich. It takes a specific personality to market things so others will buy, and that personality doesn't like to shut up and so won't. Some things sell themselves, but most great ideas sit around unknown by people who need them just because they don't know about it. I'd love to buy a better mousetra…
It worked to get him to a net worth of 100bn why wouldnt it work again.
The most interest aspect in the FTX saga, for me, is that SBF was treated very gently by major news outlets (and maybe by government regulators too)... until regular individuals in social media started asking: Why is SBF being treated so kindly? Why would journalists (and regulators) assume that SBF meant well? A possible answer that no one ever mentions is that SBF possesses many qualities that are valued and admire…
> The most interest aspect in the FTX saga, for me, is that SBF was treated very gently by major news outlets (and maybe by government regulators too)... until regular individuals in social media started asking: Why is SBF being treated so kindly? Why would journalists (and regulators) assume that SBF meant well? I went through a few examples people brought up of journalists supposedly treating Bankman-Fried kindly t…
It's naive to think that affinity is not influencing, if not driving, the way that journalists regard and write about their subjects.
The most interest aspect in the FTX saga, for me, is that SBF was treated very gently by major news outlets (and maybe by government regulators too)... until regular individuals in social media started asking: Why is SBF being treated so kindly? Why would journalists (and regulators) assume that SBF meant well? A possible answer that no one ever mentions is that SBF possesses many qualities that are valued and admire…
I'll just quote part of what I said a month ago :) > And given what's leaked from their balance sheet, I don't see how people avoid jail time. https://news.ycombinator.com/item?id=33608691 I'll also add that SBF going on tour was the stupidest thing he could have done. Every time he spoke, he was giving the government more evidence. Hubris has often been the downfall of the rich and powerful throughout history. What'…
>like Musk and SBF I‘m sorry, but what ? Just to give some perspective that I don’t think HN really gets: most of my friends have increased their twitter usage. If you aren’t aware, whatever the team did there a few days ago really has appeared to cut bots down to almost 0. SBF is an [alleged] criminal who has [allegedly] defrauded people of billions of dollars, and will likely be spending a substantial amount of tim…
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Arthur Hayes has written extensively [0] on these points. [0]: https://blog.bitmex.com/white-boy/
I hate the title. What if this was the other way round?
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Just for reference what Musk did is just blocked half the mobile carriers in emerging markets, kneecapping their ability to grow Twitter in those countries whilst only temporarily tamping down on bots. The bots will be back, the users won't.
Do you have a source on this?
> The project was part of Elon Musk’s attempt to rid Twitter of spam. But rather than work to remove individual offenders, the company identified mobile networks associated with large spam networks in specific countries, and blocked users who relied on those networks from receiving SMS messages from Twitter, impacting people with two-factor authentication. Then it blocked traffic from those carriers completely.
> From 5:35 AM to 6:45 AM PT on Sunday, Twitter shut down access to the primary telecom providers in India and Russia, as well as the second biggest telecom company in Indonesia, Platformer has learned.
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Will his political donors have to give back the donations?
He is the donor. And, no, recipients of legal donations don’t have to give them back because they came from a bad person. (The illegal donations he seems to have admitted to might have to be given up, but that’s a separate legal issue.)
Source?
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> Just to give some perspective that I don’t think HN really gets: most of my friends have increased their twitter usage. So your friends are using twitter more and you just assume everyone else does too? Have you considered that people who have other opinions exist and theirs is as valid as yours?
> Have you considered that people who have other opinions exist and theirs is as valid as yours? I think parent is saying the opposite. "Just to give some perspective that I don’t think HN really gets" Parent has seen several comments assuming everyone's leaving Twitter and Musk is destroying the platform and himself and will never recover. I, likewise, reading Reddit get the same feeling that some pockets think ever…
The most interest aspect in the FTX saga, for me, is that SBF was treated very gently by major news outlets (and maybe by government regulators too)... until regular individuals in social media started asking: Why is SBF being treated so kindly? Why would journalists (and regulators) assume that SBF meant well? A possible answer that no one ever mentions is that SBF possesses many qualities that are valued and admire…
Incidentally, here's the list of real estate in the Bahamas purchased with FTX funds.[1] Here's the "Albany resort", where most of those properties are.[2]
There was discussion earlier about prosecutors having to prove criminal intent. Did this happen by accident, or were those guys stealing the money for their own benefit? It doesn't matter much what Bankman-Fried has been saying. When the prosecutors have to convince a jury of criminal intent, expect those pictures of the Albany resort to be shown. They didn't buy all those luxury condos with FTX funds by accident.
[1] https://restructuring.ra.kroll.com/FTX/Home-DownloadPDF?id1=...