Remember that this space is about: “Can't do evil”, not “don't do evil”. Even SBF in the end, who was worshipped by half of this space decided to lie to try and save his own bacon in the end, destroying 1000s that didn't withdraw from FTX. Web3 is about *not* having to trust. htt…
So four pretty logic and/or observation based assumptions. All of them wrong. All PR and Lobbying FTX did turned out to be a higher end version of 3AC yacht. Effective altruism turned out to be PR stunt as well I guess. Lots of smart people turned out to be stupid or fooled
2) If they did something stupid, they could have lost 2-3B most, because Sam would not let them lose more otherwise with all the effective altruism stuff and also only way to lose more is to do absolutely idiotic 3AC level stuff
@coryklippsten Also very shady for SBF to retweet a random account that implies an airdrop for those that do not withdraw their coins That's the kind of shit the @SECGov needs to go after. An implicit promise that SBF doesnt actually to be held accountable for because he himself …