this post was submitted on 30 May 2026
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It's fucking FTX again.
Right in front of everybody.
Capitalists are stupid.
Me too, what's FTX?
The short version is crypto company that was run by a pseudo-intellectual tech bro who tried to altruism-wash his image and lobbied both dems and gop to get what he wanted.
Except AI has a limited but valid use case, where FTX was straight up a scam. Will get back to you if (and that's a big if) they discover a way to do AGI.
I do agree though. It isn't far off from from what SBF did. All this money circlejerk has a limited run. I've stopped investing past couple of months. Will see if I lose or win.
Can't really trust techbros named Sam as we've seen
Or any techbros really, but especially the ones named Sam.