[HN Gopher] The beautiful mind of Sam Bankman-Fried
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       The beautiful mind of Sam Bankman-Fried
        
       Author : p4bl0
       Score  : 22 points
       Date   : 2023-10-31 21:03 UTC (1 hours ago)
        
 (HTM) web link (davidgerard.co.uk)
 (TXT) w3m dump (davidgerard.co.uk)
        
       | andrewfromx wrote:
       | great info here https://youtu.be/FtzvOZNyXdw
        
       | stevage wrote:
       | God bless David Gerard.
        
       | aeonik wrote:
       | I'm not sure I fully understand the article.
       | 
       | Can someone explain the connection with Elon Musk and state
       | sponsored distractions?
       | 
       | I'm also confused by the "rationalist" talk.
       | 
       | Otherwise interesting set of information on the article that I
       | wasn't aware of.
        
         | nyssos wrote:
         | > Can someone explain the connection with Elon Musk and state
         | sponsored distractions?
         | 
         | I think you misread "stage-managed". They're saying that
         | billionaires' public personas are often deliberately
         | constructed by their PR teams in order to serve their business
         | interests.
         | 
         | > I'm also confused by the "rationalist" talk.
         | 
         | Rationalists are a Bay Area/internet subculture.
        
           | aeonik wrote:
           | Makes a lot of sense, thank you!
        
       | ilrwbwrkhv wrote:
       | > We know from the CFTC settlement that Tether printed tethers
       | from nothing and accounted them in the reserves as "loans." We
       | also know that Alameda minted 39.55 billion tethers and certainly
       | didn't send Tether anything like $39 billion -- which would have
       | been more than their entire claimed assets under management.
       | 
       | Wow so SBF literally started the whole scam by printing money. I
       | am shocked and amazed that Sequoia missed this. But I am not
       | surprised. I am very very certain that they knew this and played
       | a big part in this fraud. What a bunch of crooks and thieves
       | Sequoia have become.
        
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       (page generated 2023-10-31 23:01 UTC)