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Comment by newfonewhodis | Hacker News Reader

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With choice quotes such as “To do the most good for the world, SBF needed to find a path on which he’d be a coin toss away from going totally bust.”

My favorite quote from the article: “FTX did need money, after all. And it needed that money from credible sources so it could continue to distinguish itself from the bottom-feeders who came to crypto to fleece the suckers.”

Why did he do so much for Biden, someone he has never met? Well, because he said he crunched the numbers on how much impact each dollar would have if he donated it. That’s the same approach that led him to get involved with Mind the Gap, a data-driven donor group very popular in Silicon Valley led by his mother, Stanford professor Barbara Fried.

https://www.vox.com/recode/2021/3/20/22335209/sam-bankman-fr...

Any sufficiently large crypto scam is indistinguishable from an episode of "Silicon Valley" (Clark3's Law)

They should restart the show with a new cast and a crypto company. It'd probably only last a single season though.

> “Oh, yeah?” says SBF. “I would never read a book.”

If he had ever read Atlas Shrugged none of this would have happened :)

The follow up quote is even better:

“I think, if you wrote a book, you fucked up, and it should have been a six-paragraph blog post.”

Strong Vizzini energy https://www.youtube.com/watch?v=BUg2cp23rGE

Thank you. What's weird is that they describe Jane Street as an "under the radar" shop, which it isn't. and also a high-frequency trading shop, which it also isn't to my understanding.

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