SBF now officially the greatest cryprofucktard of the century?
It hasn't been a big secret that he was after $ after all from the beginning (through arbitrage, as most of you know).
The hardcoded fund values found in the source code are hillarious!
For some reason in my thinking SBF's behaviors seem to go much further than simple greed to the extent that we might believe that it was not a purposeful attack on bitcoin (with various behind the scenes actors... a kind of PsyOp involving the parents and various deep state actors, if you must.. am I starting to sound like torque?), but if we go with a more simple criminal actor and lust for power explanation (which it seems is that is a kind of preferable story.. figure out some way of throwing someone under the bus rather than looking at broader plots), it seems that Sam had been trying to take risk and to buy influence and thinking that it will all work out in the long run to but making BIG leveraged gambles because sometimes they might be able to acquire more and more assets and businesses with their fake money and then be able to siphon each of the businesses to keep leveraging and living large at the same time.
but.. then again, yeah, maybe that all still just boils down to various kinds of greed... some aspects of his BIG gambling plays did seems to be a bit delusional and surely sloppy.. so it all works if the money keeps rolling in.. but they way they were so irresponsible in their various trades did not really seem like it could have had been sustainable, even if they might have been able to keep it going for another bitcoin cycle (a BIG IF) because history ONLY ends up playing out one of the ways, so we are in a bit of a dreamland to ask what if FTX had not failed at that time and were able to get funding and to last through one more bitcoin cycle? What if? what would have had happened? Seems like a fantasy to go down such a road.