They moved the whole operation to a nation with no tax on corporations. At that point they figured that there was no need to keep records as the man wasn't going to tell them what to do. So, they had no way of knowing a single thing about how the business was going and who - and I mean it was all of them - was just fucking that chicken for personal gain.
Cause some of these rich fux baby the hell out of their kids. Like zero responsibility, zero expectations, sure, go, have fun, take the Visa, take the Lexus, go have fun with your friends. You're only 27, you don't need to rush into a career..."
He looks like he's never ever had to actually do any physical work, like he doesn't even actually have an endoskeleton. Molded out of solid silicone at best.
What is it with many of our super-rich types? They seem to have a personal outlook so naive and shallow that next to it, the average college sophomore's garden-variety, almost experience-free "libertarianism" sounds like ultra-sophisticated philosophy in the original French or German.
Not only had to go through that religious/philosophy stage myself, but also when my "baby brother" went to college and again when visiting some hippie friends of my friends in Alaska.
All those discussions about god and the universe are exhausting ... I loved algebra and calculus but not this stuff.
Understood. I wish more Americans would get their hands on some good solid British stuff like J. S. Mill's Utilitarian outlook -- easy to understand and yet so much more sophisticated than our pseudo-intellectual foolishness of the "I can do anything I want; you can't stop me and the government shouldn't exist at all" variety. Another one is the crazed assertion that "capitalism can solve any problem if you just let it work." No, it can't.
Darwin's evolutionary theory was logically a death-blow to the notion that teleology is involved in the development of life. But it's understandable that many people can't take that in, can't abide it. So perhaps it isn't surprising that here we are in contemporary America, a country cradled by the European Enlightenment's values and yet on the verge of having all of our liberties snuffed out by a vicious and fanatical minority of religious lunatics. Not that most religious people are that way, of course, but an irrational minority could do us in. As Yeats wrote, "the worst are full of passionate intensity."
You had written, "G&d does not exist and the universe just *is* so there's not much to discuss." And yes, it may be a feature of our time that so many older folks take a melancholy comfort in the certainty that they won't be around if and when it all goes bust. I wish I could feel more sanguine about passing my final years in an honest-to-goodness republic that looks likely to last for the young'uns, too, but recent and ongoing events make me doubt such an outcome.
That's no doubt a big part of it. Money not only lets a person "avoid the crowd" but also, often, to evade consequentiality and responsibility. Money is a cushion from that sort of thing, at least until certain inevitable changes occur -- health issues, old age, etc. But even then, look at people like Trump and his accused accomplices: many of them are in their late 70s, and they obviously haven't learned a thing. As King Lear's Fool tells him, "Thou shouldst not have been old until thou hadst been wise."
Maybe I'm just not a trusting soul, but when someone comes up to me and says "Hey, I have a way of generating free money. All you have to do is solve a bunch of equations."
"What kind of equations?" I would ask. "Fluid dynamics? Generating primes for encryption?"
"No. Just hard equations that burn up a lot of computer time and take a lot of energy," says he.
"OK. Good luck with that. Bye," I says. Look, I know that any currency is basically an act of faith, but at least dollars have people with guns behind them that can make people take them as legal tender.
Dead giveaway that AssBF is a raging misogynist and general sickness ; he thinks that his ex-GF crying at work is proof of her incompetence, rather than proof of his cruelty and narcissism.
One of my Jujitsu Senseis, who is normally extremely smart except for being right wing, bought the cryptobro scams hook, line and sinker, and put his entire retirement savings into it.
$8 billion is enough money lost to destroy many lives and lifetime savings. I purchased a total of $100 in crypto after tolerating a winger ranting about how it was making everyone rich. It was worth $50 after a few weeks, then later $25. I converted some of it to buy a craft off Etsy. So I’m one of the lucky ones.
My dad was poor growing up, so he worked 35 years at the same job, saving nearly 1/2 his money for retirement. He did retire at 55, a lifelong goal of his (his father died at 62, which worried my dad). He saved just over $1M by the late 90’s. With his Soc Sec, he was ready. Then, he lost 40% or so after 9/11, then again lost big in ‘08. He stayed retired 22 years until passing away in 2019, but he was always worried about money and never bought the lake cottage he wanted.
All this here is just barley the tip of the iceberg. Behind the bastard's podcast did a show on him a few weeks ago. Holy hell what a shitshow him, his parents, and his his whole crew.
as if that crap is ever going to be worth something, someday. Like hoarding Confederate bills and hoping for a return of slavery and the Cotton Empire.
some of the bigger crypto currencies are doing okay (for now. not here to defend them anyway). it kind of reminds me of the dot com bubble where a a whole bunch of startups went kaput but some made it through.
that's probably what he and other people doing time for similar things on smaller scales are hoping for.
Currencies exist as long as they have unique value. Currencies is hyperinflation unstable corrupt countries are used because people have to use it for official business.
As long as there is ransomware and money laundering there will be some valuable cryptocurrencies.
yep. even all the way down to transactions with informants and whatnot. there are good use cases for blockchain and for crypto but they aren't what all the shiny "roadmaps" and "whitepapers" are cracking them up to be.
LiveJournal *does* still exist! I know, because I'm one of the six people that still uses it (don't get het up, even I only post maybe 0nce a year).
PAB/SBF 2024
MAKE AMERICA FUCKED UP EVEN MOAR AGAIN!!!
#redhat
#madeinGINA
LiveJournal burn!
Ta, Gary. So, are we up to Ponzi 3.2 yet?
They moved the whole operation to a nation with no tax on corporations. At that point they figured that there was no need to keep records as the man wasn't going to tell them what to do. So, they had no way of knowing a single thing about how the business was going and who - and I mean it was all of them - was just fucking that chicken for personal gain.
Hey, they kept some records, if by records you mean a spreadsheet full of emojis and LOLOLOLOLOL.
Sammy Glitch should have fired the motherfucker who hired his now ex-gf...
Oh right, that's him.
Some mighty good writifying from Mr Legum, this time. I especially liked, "...enough self-pity to power the sun."
His excuse almost sounds like:
"I'M JUST A KID!"
Cause some of these rich fux baby the hell out of their kids. Like zero responsibility, zero expectations, sure, go, have fun, take the Visa, take the Lexus, go have fun with your friends. You're only 27, you don't need to rush into a career..."
He looks like he's never ever had to actually do any physical work, like he doesn't even actually have an endoskeleton. Molded out of solid silicone at best.
Who among us has not in our near 30s youth started a Ponzi scheme? It’s such a common youthful folly that one’s late 20s are called “The Ponzi Years”!
What is it with many of our super-rich types? They seem to have a personal outlook so naive and shallow that next to it, the average college sophomore's garden-variety, almost experience-free "libertarianism" sounds like ultra-sophisticated philosophy in the original French or German.
Not only had to go through that religious/philosophy stage myself, but also when my "baby brother" went to college and again when visiting some hippie friends of my friends in Alaska.
All those discussions about god and the universe are exhausting ... I loved algebra and calculus but not this stuff.
Understood. I wish more Americans would get their hands on some good solid British stuff like J. S. Mill's Utilitarian outlook -- easy to understand and yet so much more sophisticated than our pseudo-intellectual foolishness of the "I can do anything I want; you can't stop me and the government shouldn't exist at all" variety. Another one is the crazed assertion that "capitalism can solve any problem if you just let it work." No, it can't.
Darwin's evolutionary theory was logically a death-blow to the notion that teleology is involved in the development of life. But it's understandable that many people can't take that in, can't abide it. So perhaps it isn't surprising that here we are in contemporary America, a country cradled by the European Enlightenment's values and yet on the verge of having all of our liberties snuffed out by a vicious and fanatical minority of religious lunatics. Not that most religious people are that way, of course, but an irrational minority could do us in. As Yeats wrote, "the worst are full of passionate intensity."
You had written, "G&d does not exist and the universe just *is* so there's not much to discuss." And yes, it may be a feature of our time that so many older folks take a melancholy comfort in the certainty that they won't be around if and when it all goes bust. I wish I could feel more sanguine about passing my final years in an honest-to-goodness republic that looks likely to last for the young'uns, too, but recent and ongoing events make me doubt such an outcome.
They never get cornered and have to change / learn.
That's no doubt a big part of it. Money not only lets a person "avoid the crowd" but also, often, to evade consequentiality and responsibility. Money is a cushion from that sort of thing, at least until certain inevitable changes occur -- health issues, old age, etc. But even then, look at people like Trump and his accused accomplices: many of them are in their late 70s, and they obviously haven't learned a thing. As King Lear's Fool tells him, "Thou shouldst not have been old until thou hadst been wise."
Samuel Benjamin Bankman-Fried, so wouldn't it be SBBF? Also, pickleball is one word. Not hiring me was one of you boss' worst errors.
Maybe I'm just not a trusting soul, but when someone comes up to me and says "Hey, I have a way of generating free money. All you have to do is solve a bunch of equations."
"What kind of equations?" I would ask. "Fluid dynamics? Generating primes for encryption?"
"No. Just hard equations that burn up a lot of computer time and take a lot of energy," says he.
"OK. Good luck with that. Bye," I says. Look, I know that any currency is basically an act of faith, but at least dollars have people with guns behind them that can make people take them as legal tender.
Dead giveaway that AssBF is a raging misogynist and general sickness ; he thinks that his ex-GF crying at work is proof of her incompetence, rather than proof of his cruelty and narcissism.
One of my Jujitsu Senseis, who is normally extremely smart except for being right wing, bought the cryptobro scams hook, line and sinker, and put his entire retirement savings into it.
He lost it all.
He now drinks to excess.
That's too bad.
$8 billion is enough money lost to destroy many lives and lifetime savings. I purchased a total of $100 in crypto after tolerating a winger ranting about how it was making everyone rich. It was worth $50 after a few weeks, then later $25. I converted some of it to buy a craft off Etsy. So I’m one of the lucky ones.
My dad was poor growing up, so he worked 35 years at the same job, saving nearly 1/2 his money for retirement. He did retire at 55, a lifelong goal of his (his father died at 62, which worried my dad). He saved just over $1M by the late 90’s. With his Soc Sec, he was ready. Then, he lost 40% or so after 9/11, then again lost big in ‘08. He stayed retired 22 years until passing away in 2019, but he was always worried about money and never bought the lake cottage he wanted.
It is clear that their love and the best of them lives in you.
Their memories are a blessing.
All this here is just barley the tip of the iceberg. Behind the bastard's podcast did a show on him a few weeks ago. Holy hell what a shitshow him, his parents, and his his whole crew.
OMG THANK YOU!
Behind the Bastards Binge Weekend!
I had never heard of them.
I wonder how much the crypto hobbit has stashed away in crypto wallets all over the place.
He knew he was a fraudster so I suspect his anonymous bank accounts are all in US dollars.
the two aren't mutually exclusive and I also suspect that you're right in terms where at least a good chunk...errr...disappeared to.
as if that crap is ever going to be worth something, someday. Like hoarding Confederate bills and hoping for a return of slavery and the Cotton Empire.
some of the bigger crypto currencies are doing okay (for now. not here to defend them anyway). it kind of reminds me of the dot com bubble where a a whole bunch of startups went kaput but some made it through.
that's probably what he and other people doing time for similar things on smaller scales are hoping for.
Currencies exist as long as they have unique value. Currencies is hyperinflation unstable corrupt countries are used because people have to use it for official business.
As long as there is ransomware and money laundering there will be some valuable cryptocurrencies.
yep. even all the way down to transactions with informants and whatnot. there are good use cases for blockchain and for crypto but they aren't what all the shiny "roadmaps" and "whitepapers" are cracking them up to be.
I was just hoping that it was as dead as the Darien Scheme
what really appears to be dying is the on its face idiotic concept of "decentralized banking"
crypto currency, as it is currently, still has its uses. that many of those uses are of a more nefarious nature may or may not be coincidental.