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EpicMegatrax
from Greatest Hits on 2022-12-28 09:33 [#02623460]
Points: 25264 Status: Regular
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so, i'll supersize this ramble.
Sam Bankman-Fried. FTX.
Start: The week where SBFTX all, "i got it, i got it, i go- ohhhh shiiii" and I'm not knowing his name, his face, anything.
And I'm trying to make sense of it. I read about "the thing" where he's on a conference call, and he's selling people's pants off, while playing League of Ledgers or some shit. Mouth going -- I am picturing -- on autopilot, brain actually on video games. I think: I have a hunch, but I need to actually hear him; I need the audio to ascertain.
LAZY_TITLE
i've left the interviewer's very, very longwinded... specific... question... in there deliberately. for contrast, for SBF's body language.
it is: "your terms of service say you're not going to dip your beak in, and you seem to have violated this, yes?"
he replies: "well, yes, there's that part of the terms of service but then there are these other parts of the terms of service..."
then he's off on a chipmunk reel about borrow lender hand gesture; occasionally coming up for air enough to give you the sense that there is an overall plot; you simply aren't fast enough to keep up with him.
i nod -- or, well, i nod to myself in my head, is that weird? -- and think: yes, the problem here is amphetamines.
googling around i'm finding things like... a box of transdermal patches for some MAOI antidepressant that metabolizes into amphetamines, interviews with the FTX company doctor saying "yes i wrote a few prescriptions for ADHD there" and now things like "SBF requests they bring his prescription medications to him in jail" and then part of his bail conditions are "substance abuse counseling" and i could keep going, but...
doesn't it all make so. much. fucking. sense?
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EpicMegatrax
from Greatest Hits on 2022-12-28 09:35 [#02623462]
Points: 25264 Status: Regular
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cite: new names thred: Sam Crankman-Speed
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EpicMegatrax
from Greatest Hits on 2022-12-28 09:47 [#02623466]
Points: 25264 Status: Regular
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throw in HGH and hair plugs and this thred might just begin to cover elon musk
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EpicMegatrax
from Greatest Hits on 2022-12-28 09:48 [#02623467]
Points: 25264 Status: Regular
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elon musk copped to ambien. SBF never floated his particular choice but also tweeted mercilessly about how to end the day, and i'd bet similar. what a nightmare.
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EpicMegatrax
from Greatest Hits on 2022-12-28 09:51 [#02623468]
Points: 25264 Status: Regular
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actually this feels like a general silicon valley problem
sorry i'm using my own thred to figure out what. da. fuk. here. it's my process
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EpicMegatrax
from Greatest Hits on 2022-12-28 10:08 [#02623469]
Points: 25264 Status: Regular
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has anyone actually read atlas shrugged? all 900+ pages of tweaker horseshit? you can look it up, there are letters on public record, like, "ayn, i'm kind of scared, you're slamming the dexedrine way. too. hard." and finishing the book almost puts her six feet under; her doctor prescribes weeks of bedrest, etc.
so obviously, i am operating off of a summary here. but there's been something nagging at me about elon musk. finally, i have it: he wants to be john galt. he wants to john galt and disappear off to mars. the whole libertarian process of climbing deeper and deeper up your own anus until you reach your third eye and things explode with rainbows; he's further than i could have ever imagined.
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EpicMegatrax
from Greatest Hits on 2022-12-28 10:13 [#02623470]
Points: 25264 Status: Regular
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so anything crypto, that could be magic beans, with some singular personality at the head -- watch out. i'd not invest in binance right now, for example. not that i have any money to invest
[sidebar: then you have the shit we were have supposed to have learned first .com crash 2001 or so; like carvana. a fine idea, a terrible business model, a bunch of car vending machine losing money in both directions over the last few years, financed by loans and capital in a way that was never sustainable, feeding into a stock that was valued mostly on hype rather than economics. that's another thread]
but binance is too easy. i want a harder pick
mmm. robinhood. that company gon' asplode 2023
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EpicMegatrax
from Greatest Hits on 2022-12-28 10:49 [#02623471]
Points: 25264 Status: Regular
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FTX org chart, over 100 individual companies. in talks with binance for a bailout, he sends over their master spreadsheet, complete with a note that is literally, like, "i'm sorry i lost billions here" ~ cite ~ and the general impression is that of some high school kid in way over his head.
so how the fuck did he manage over 100 shell companies? thots r:
i am struck by the remarkable correlation between [a meth-hed hiding velco in a box of cereal for Very Serious Reasons, Creating an impenetrable network of shell companies]. to wit, if you, yourself, don't know where the money is actually going, then that makes it secure.
also my running bet on who walked off with ~$370m in ETH -- the former exec that quit to spend more time with his boat.
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EpicMegatrax
from Greatest Hits on 2022-12-28 10:51 [#02623472]
Points: 25264 Status: Regular
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i wonder if that corporate org chart has any parallels with league of legends formations
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EpicMegatrax
from Greatest Hits on 2022-12-28 10:52 [#02623473]
Points: 25264 Status: Regular
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no that'd be more DOTA 2
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EpicMegatrax
from Greatest Hits on 2022-12-28 11:00 [#02623474]
Points: 25264 Status: Regular
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That worst-case scenario might sound familiar: It speculates that Binance could be using a token called BNB, which is native to Binance’s own blockchain, as collateral for loans. Binance denies this practice, but if it were true, it could leave the company vulnerable the same way FTX’s FTT token did. The value of BNB could crater if the market were to grow uneasy about Binance’s health ~ LAZY_TITLE
it's not a hard guess, see? someone guessed the same thing over two weeks ago, then wrote an article about it, and here i am pointing out the same thing like like i am ~so smart~
the first time anyone did anything useful with bitcoin was trade a whole bitcoin for a pizza, yes? so i'll bet someone a pizza that robinhood suffers some sort of major catastophe in 2023. if i say any more, i'll ruin my chance at a free pizza.
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mermaidman
on 2022-12-28 11:06 [#02623475]
Points: 8308 Status: Regular
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people have given up! xltronic has given up!
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mermaidman
on 2022-12-28 11:07 [#02623476]
Points: 8308 Status: Regular
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xltronic is tired! no one can stand in front of the force that is epicmegatrax!
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mermaidman
on 2022-12-28 11:07 [#02623477]
Points: 8308 Status: Regular
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all hail!
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EpicMegatrax
from Greatest Hits on 2022-12-28 11:21 [#02623478]
Points: 25264 Status: Regular
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side bet on the chisled nut that runs telegram, one pavel durov, having his brian wilson "heroes and villians" mixdown moment after being awake for three days. like, it's not that it's a financial house of cards, but he posts these photos of himself shirtless, like... first off, why? but then there's clearly an almost pathological obsessiveness put into that torso, and then show it off, and reports are he runs that place like a cult... so, no, no sir, it's not the money. it's just he's already nuts on uppers and he might spontaneously go over the edge tomorrow. or next. week. or never.
so not wagering a pizza there. telegram is alright; hope he holds on
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Tony Danza
from NAFO Suicide Hotline on 2022-12-28 14:27 [#02623481]
Points: 3647 Status: Regular
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just say no to drugs is such an insipid critique of economics I'm surprised malcolm gladwell hasn't excreted one of his nonbooks about it
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EpicMegatrax
from Greatest Hits on 2022-12-30 09:29 [#02623544]
Points: 25264 Status: Regular
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from the starlink terms of service
"For Services provided on Mars, or in transit to Mars via Starship or other spacecraft, the parties recognize Mars as a free planet and that no Earth-based government has authority or sovereignty over Martian activities," the Starlink terms of service read. "Accordingly, Disputes will be settled through self-governing principles, established in good faith, at the time of Martian settlement."
e.g. send the jan 6 mob to mars and have them storm musk's office; poop on the floor.
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EpicMegatrax
from Greatest Hits on 2022-12-30 09:33 [#02623545]
Points: 25264 Status: Regular | Followup to Tony Danza: #02623481
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just say no to drugs is such an insipid critique of economics I'm surprised malcolm gladwell hasn't excreted one of his nonbooks about it
i've not heard of him; he seems rancid. what is your point, here? is this tacit support for slamming loads of adderall and treating billions of peoples' cash as a league of legends match? like, who are we to argue with drugs when it comes to economics? just trying to understand why you said what you did
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EpicMegatrax
from Greatest Hits on 2022-12-30 22:27 [#02623587]
Points: 25264 Status: Regular
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that i will admit, like a child who is fascinated with, say, static electricity, and then thus wants everything to be in terms of static electricity -- it's what makes elevators and escalators work, yes? and it's also what god is? -- i may be over-reading things. that, perhaps, when i said, "some high school kid in way over his head" that this was the actual answer. he didn't know how to handle his company going under so he dug in, to insane/clinical levels.
but then, i saw this ~ LAZY_TITLE
As many dissected the federal complaints’ effect on various congressional hearings and the future of crypto, a smaller group of people were more focused on another area of Bankman-Fried revelations: his admission of wearing something called an Emsam patch.
“I have a prescription for Emsam, and have for roughly a decade,” Bankman-Fried planned to tell a House committee, according to a prepared version of his remarks published by Forbes on Tuesday. He added, “It is not generally the case that people are expected to talk about their private medical conditions, but enough paparazzi have snapped photos of my belongings and theorized about it online that I guess I have no choice.”
...and then, this article, it's wily; it has its eye on me:
Because so few people had ever heard of Emsam before, this was wildly intriguing and became a decent way to prove whatever you wanted to prove about SBF. A quick internet search showed that the drug had been created to treat Parkinson’s. But the man didn’t have Parkinson’s! That demonstrated … something.
what the article does not get into is that emsam metabolizes into amphetamines, he tweeted about uppers and sleeping pills, if you have a private doctor on staff and you're fucking around with some weird transdermal shit... but, yeah, maybe i'm just fascinated by weird drugs
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EpicMegatrax
from Greatest Hits on 2022-12-30 22:28 [#02623588]
Points: 25264 Status: Regular
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As SBF stated in one of the more poetic lines of his prepared testimony: “I am, and for most of my adult life have been, sad.”
who's to argue with that?
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EpicMegatrax
from Greatest Hits on 2022-12-30 23:37 [#02623591]
Points: 25264 Status: Regular
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then, whops, yes, there's this too
For an additional assist, Bankman-Fried still relied on Adderall every four hours
bio-availability timing for IR adderall. no dosage mentioned. i cheekily said "200-300mg" in the other thred, but, no, that was a joke. more proper guess: a bit over 100mg a day, on top of making tetris shapes with emsam patches on his bum. then ambien or perhaps even terrifying halcyon to put himself down
elon musk has a "tweeting on ambien" problem sometimes, i think. $420 an overshare
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