bit¢oin$

it's true but it's not genuine is how i break it down etc

he doesn't do genuine he does "what likely plays right now" -- sometimes this overlaps with the facts

Those who bought Coachella NFTs earlier this year are having trouble accessing their assets https://t.co/tkIyyXMHil

— Pitchfork (@pitchfork) November 17, 2022

oh no

all my coachella lifetime passes gone

Can still access my bananas and baby pickle.

Weird vibe from that Vox interview, yeah, like SBF doesn't care that much about his own wellbeing or the ramifications of admitting all this stuff (or he's sufficiently sheltered that he isn't worried about it)

― jmm, Thursday, November 17, 2022 10:27 AM (three hours ago) bookmarkflaglink

turns out it wasnt exactly an interview or at least he didnt think so, he didnt realize the texts were going to be published even tho he was talking to a reporter he had no relationship with and he didnt ask for it to be off the record, lol what a bozo

I'm old and not in tech but that guy's whole affect strikes me as a guy I wouldn't trust giving me cheat codes for the new GTA let alone anything for $.

xp it's also funny that people are commenting "wow he should have said this was off the record" when that'd mean jack shit after his company is toast and no one's going to get to interview him anymore. there's no legal standing to OTR, it's just "I'll tell you some juicy shit, please don't burn me and I might keep doing it in the future"

prob most reporters wouldve respected it but yeah its not like theres a law

actually it's about ethics in shitcoin journalism

turns out it wasnt exactly an interview or at least he didnt think so, he didnt realize the texts were going to be published even tho he was talking to a reporter he had no relationship with and he didnt ask for it to be off the record, lol what a bozo

― lag∞n, Thursday, November 17, 2022 10:36 AM (twenty-six minutes ago)

I had just been saying to a friend of mine after it came out that he's been blabbing at Michael Lewis for six months that he really should've read The Journalist and the Murderer, but he has been quoted as saying that books are a waste of time

nobody should ever talk to a journalist for any reason

its pretty funny must admit, bet hes still talking to him too

i bet he knew michael lewis did moneyball and figured it was gonna be that sort of thing, heck michael lewis prob told him that, you ever see that movie where brad pitt is smart thats you boy were gonna get handsome oscar isaac to play you

Gonna be T Chalz with a bad perm

I admit I find it very odd that this dude was able to earn so many people's trust and life savings

aiui the website looked good

have not seen it myself

I wonder how many people actually signed up for FTX because of the Larry David ad. Feels like the ad was practically made for the Larry character to be proven right.

I had just been saying to a friend of mine after it came out that he's been blabbing at Michael Lewis for six months that he really should've read The Journalist and the Murderer, but he has been quoted as saying that books are a waste of time

― G. D’Arcy Cheesewright (silby), Thursday, November 17, 2022 2:03 PM (two hours ago) bookmarkflaglin

he’s made a point about bragging about not reading books. this is the kind of guy he is

I had just been saying to a friend of mine

and that friend... was ILX's bitcoins thread

sic I’m gonna chase you off the Orpheum stage with a stick

wld think this is just the tip of the iceberg as far as collusion is concerned, seems like theres always tons of funds sloshing around between various big holders for unknown reasons

This is a useful reminder that some top crypto people -- executives, whales, investors -- are in small private group chats discussing other market players and coordinating activity. There's a club and they're in it. https://t.co/7thi054UUt

— Jacob Silverman (@SilvermanJacob) November 18, 2022

not sure if this embed properly but he's in the replies:

Its a long story but we were scammed just like you guys, its ok --justice is coming

— Zhu Su 🔺 (@zhusu) November 13, 2022

that was in reply to this question: "If you smelt a rat, what convinced you to become one of the biggest traders on their exchange?"

The Papa John interview is lovely pic.twitter.com/bpDMDm9t9G

— Timothy Burke (@bubbaprog) November 26, 2019

lol, solid follow up Q at the end

what the fuck are you talking about
hehe im talking about something

"stay tuned" with that facial expression is peak tim heidecker

he looks soaked. Does he douse himself from head to toe in baby oil?

anyway zhu su tweet is very spiderman pointing at spiderman

papa john's greasy sweat is the secret ingredient in papa john's pizza

interesting, gbtc is guess is some bitcoin derivative and its price has sharply decoupled from bitcoins

Based on GBTC's 43% discount to NAV, #Bitcoin is already trading well below $10K. I think this is the real price of Bitcoin, as when you sell $GBTC you get paid real cash. But when you sell #BTC you get paid #Tether. To get actual cash for Bitcoin you must accept a huge discount.

— Peter Schiff (@PeterSchiff) November 18, 2022

idk why you couldnt just cash out the tether tho, if thats not working seems like we would be hearing about it

omfg haaa

.@llegrarosenberg went deep into Caroline Ellison's alleged Tumblr. It wasn't just a Harry Potter fan blog. It was a RATIONALIST Harry Potter fan blog.https://t.co/OX3t2kTJbS pic.twitter.com/fOcKg8YHtb

— Ryan Broderick (@broderick) November 18, 2022

lol of course

oh god why
https://en.wikipedia.org/wiki/Harry_Potter_and_the_Methods_of_Rationality

haaaa

Departing from J. K. Rowling's original books, Yudkowsky supposes that Harry's aunt Petunia Evans married an Oxford professor and homeschooled Harry in science and rational thinking.[6][8][9]

Same guy who created a panic over an imaginary vengeful superintelligence, by the way.

https://en.wikipedia.org/wiki/Roko's_basilisk#Reactions

lag00n found your alt

Peak crypto living.

No physical possessions but a trusty rug to sleep on (rugged 4 lyf), an @FTX_Official hoodie that doubles as a pillow, a laptop (w/ Rust compiler ofc) and mechanical keyboard (max WPM for CT shitposting).

Everything else in NFTs or earning yield on #Solana. pic.twitter.com/bcqgfEIDS6

— Tristan (@Tristan0x) November 17, 2021

hard to tell without touching the thing (could be printed or machine made) but to this persian that looks like a couple thousand dollars worth of persian rug. also if sleeping on that is rugged then my grandma in her end of life stage (rip) was also rugged

pretty sure thats in ikea rug fwiw, and not because i bought it and thats my home be serious i would have a blanket too

lmao the mechanical keyboard is such a nice touch

really? that's pretty legit looking for a fake! last i checked the detail on ikea rugs looked a lot less crisp, though tbf since i started owning a dachshund (2010) i've stopped owning rugs

a trusty rug for the rugpulls

yup there u go

https://i.imgur.com/89FqxJq.png

it's a pretty nice rug

rugs are the original nfts

(I posted this to ILE but was informed there was an FTX discussion already happening here...)

Crypto skeptic Molly White's (creator of "Web3 Is Going Just Great") writeups are excellent - here's part 3 of her FTX coverage: https://newsletter.mollywhite.net/p/the-ftx-collapse-the-latest-revelations

Some highlights from it:
* The spreadsheet included an entry for “Hidden, poorly internally labled (sic) ‘fiat@’ account: -8 billion”. Apparently SBF wishes for us to believe that he somehow just misplaced an account representing eight billion dollars in liabilities. SBF also included an attempt at remorse in the balance sheet (as one does): “There were many things I wish I could do differently than I did…”

(I'm reminded of the Robin Williams joke about putting $50,000 on your tax form for "snacks".)

* The clean-up guy (who oversaw Enron's bankruptcy) John J. Ray III said: "Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here. From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented."

* The Debtors do not have an accounting department and outsource this function.

Heads up: rotating a few FTX wallets today (mostly non-circulating); we do this periodically. Might be a few more coming, won’t have any effect.

— SBF (@SBF_FTX) September 28, 2022

https://www.youtube.com/watch?v=-oFfScP0S_M