34 karma · joined September 22, 2022
The NYTimes was quick to destroy owners of other exchanges (whom I also do not view favorably) but is mysteriously lenient, deflecting criticism, outright censoring themselves.
How does this happen? Just what is the relationship with these media outlets, Sam?
The party mantra from the Democrats and their supporting media outlets seem to be to remove Sam as much as possible and downplay the role he played in causing havoc.
Already a handful of people have committed suicide as a result of this FTX fiasco, Sequoia, WEF, have all deleted their praising words for Sam and playing dumb.
I have this feeling that something is going to break. It's going to get really ugly for this country and other entities will fully utilize the chaos to seize whatever they can.
It's likely that Sam genuinely believed his own deceptions that he created earlier to grift and the amphetamine have eroded his capacity to manage risks such as committing multiple felonies that no other CEO would dare because of its obvious consequences such as spending the rest of your life behind a prison.
I've heard a few legal experts and their take was : Sam & Caroline are going to spend the rest of their lives locked up. The reality still hasn't sunk in yet seeing Sam's wild apology that destroyed his last possible defense of alleging incompetence (he's depiction of himself as a bad coder that caused the situation) with a weird insistence that what he tweeted is not admission.
Seems like a good person wouldn't build a backdoor to siphon off funds without triggering the checks and balances. This requires planning and clear evidence of intent to commit a serious felonies amongst others.
Bubbles have come and go in the past and have ruined those who have been leveraged in their foolish stubborn future.
Unlike the Internet, which novelty quickly exploded into useful utilities that power much of our modern reality, blockchain, crypto have after 10+ years proven they are void pits of brining out the worst in people: greed.
It's sad that internet's earliest pioneer's endeavours and character have been building up to commit the biggest grift in human history.
Have a bottle of screaming eagles that I will open when Marc goes to prison after the politicians look for people to execute publicly when millions of its voters demand justice. Although I question whether such justice will be carried out in our modern America.
"All our heroes are counterfeit, the world itself is just one big ponzi"
the win 98 there is using css and js. experiments thats aimed at fun is always welcome
theres a very real chance that 10% yield will spike further and downgraded
For instance, we run kubernetes on multiple VPS providers, including public clouds with serverless onramp/offramps deployed on edge location. Anything under 15 minutes are processed by serverless. Anything longer is offloaded to one of the VPS containers available in every part of the world.
I have some more feedbacks ready if you are interested, its a neat idea but not exactly as seamless and easy as the idea proposed since public clouds already offer a way to do this.
if a legitimate large corporation is having trouble raising money, its a huge red flag.