Sam Bankman-Fried was a Democrat.
And not just any Democrat.
The #2 donor after Soros.
A vocal proponent of the regulatory state.
Also a fraud — like the regulatory state.
Which he legally bribed to target others but not him.
That isn’t libertarianism.
It’s the exact opposite. https://t.co/RGPe8hVawm
— Balaji (@balajis) November 13, 2022
So Michael Lewis was totally wrong in his initial premise and now is wrong and lazy in comparing SBF v CZ to Luke Skywalker and Darth Vader but it’s fine it’ll sell a million copies and define the genre. https://t.co/JLbUOSpsgV
— Jacob Silverman (@SilvermanJacob) November 13, 2022
Still, the implications of a disrupted microbiome are poorly understood, even on Earth, said David Pearce, a bioscience researcher at Northumbria University and author of a 2022 paperexploring how a trip to Mars might affect microbes in the gut — which makes the range of related illnesses and diseases in space difficult to predict. And direct research is limited because only around 600 people have ever been to space. Those who have taken the trip don’t typically stay long, as the average length of a trip to the International Space Station is about six months. And some researchers aren’t yet convinced there’s enough evidence suggesting the human microbiome will change much in space at all.
From the entrepreneurial perspective, one can also find far larger parallels in history. The dot-com bust of 2000 wiped out almost 80% of the NASDAQ and trillions (with a ‘t’) in market value evaporated in months. Whatever amount of hate crypto is about to get from the commentariat, it will be nothing compared to the non-stop haterade about tech during the first real tech downturn. The eventual Internet boom(s) followed all the same, of course
Microsoft, GitHub, and OpenAI are being sued for allegedly violating copyright law by reproducing open-source code using AI. But the suit could have a huge impact on the wider world of artificial intelligence.
As much as $400 billion in COVID-19 unemployment relief dollars were likely lost to waste and fraudsters. Lawmakers want answers.
All this came to an end during one of the darkest chapters of California’s history, when Fountaingrove was seized by the government as part of the state’s discriminatory Alien Land Laws, which were instituted in 1913, expanded in the 1920s and forbade Asian nationals from owning land or businesses. The childless Nagasawa, who never married, attempted to keep the estate in the family by willing it to his grand-nephew Kosuke Ijichi, born on the estate and thus an American citizen, and his Japanese-born father Tomoki Ijichi. But upon Nagasawa’s death in 1934, Kosuke was not of age and the trustee took control of the estate and quickly sold off the land.
What rises and falls in status through the FTX story?
Videos from the Stanford academic freedom conference
The past year, rent soared more than 20 percent, and the median home price rose almost as much over the same period (before home prices dropped thanks to interest-rate hikes). The airport has new direct flights to Vail, Colorado, and Texas’s first Soho House opened there last year. Elon Musk has built a $1.1 billion “gigafactory” nearby, turning “Tesla” into shorthand among some to describe the city’s bougification. “There’s nothing weird about Austin,” said one Soho House patron, who recently flew home to California for an abortion. “Lululemon is everywhere.”
Prices for cryptocurrencies have undergone multiple boom-bust cycles, together with ongoing entry by retail investors. To investigate the drivers of crypto adoption, we assemble a novel database (made available with this paper) on retail use of crypto exchange apps at daily frequency for 95 countries over 2015–22. We show that a rising Bitcoin price is followed by the entry of new users. About 40% of these new users are men under 35, commonly identified as the most “risk-seeking” segment of the population. To establish a causal effect of prices on adoption, we exploit two exogenous shocks: the crackdown of Chinese authorities on crypto mining in mid- 2021 and the social unrest in Kazakhstan in early 2022. During both episodes price changes have a significant effect on the entry of new users. Results from a PVAR model corroborate these findings. Overall, back of the envelope calculations suggest that around three-quarters of users have lost money on their Bitcoin investments.
Inspired by Douyin’s success, these Chinese sellers think livestreaming is the future of shopping.
This isn’t just a compelling and humorous corporate drama. We could be watching a revolution within the tech industry unfold in real time before our eyes.
A mental exercise for cloud architects: At 4:30 AM you fired a co-founder who has kept copies of tons of cloud credentials at home. How can you rotate these creds and can you do it before he torches the company?
The reason I’m thinking about this is the FTX bankruptcy… ?
— Wes Felter (@wmf) November 19, 2022