DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
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Few months back, when FTX crashed and burned, it shocked the world.
It was shocking because of the scale of it all and that it was crypto’s golden boy Sam Bankman-Fried who was behind all of it.
Every big-name VC and user of FTX got a huge slap in the face.
But really what shocked me was the fact that SBF happily went on a media blitz, giving interviews and refusing to shut up after FTX blew up right in his face.
Make no mistake about it.
FTX’s collapse left a horrible wake of destruction in its path.
Billions were lost, millions of lives affected and it punched a damning hole right at the heart of crypto, at a time when crypto was bleeding the most.
It wasn’t pretty.
Then, instead of remorse, apologies and a hint of sincerity, you get this young punk, the mastermind who seemingly orchestrated the entire “fraud”, going around giving interviews to virtually anyone who wanted to ask him questions.
It was perplexing at best and arrogant at worst.
What really made me fell off my seat was when the big boys gave him a podium to speak and try clarifying his views.
When the New York Times invited SBF to be interviewed by Andrew Ross Sorkin live, it was frankly a very bold move.
They wanted to ask the questions everyone was thinking about and confront the perpetrator.
Why would they do such a thing?
How do you balance journalistic integrity and promoting a fraudster?
Why provide a platform for a person who potentially destroyed the lives of millions?
Where do you carefully draw the line on what is ethical and what is not?
I have to admit that Andrew was not easy on the questioning and he did as best a job as he could.
It is just that SBF was living in his own reality and refused to answer questions straight up.
He was dodging and dipping, slipping and sliding, like a slippery worm covered in gelatin.
Some would say that all the interview did was provided SBF a momentary vestige of clearing his conscience in front of the world.
Others would say that the NYT was just milking the hot button issue and trying to get as many eyeballs as they could.
Think about it from NYT’s point of view.
They had the exclusive opportunity; they were one of the first to be able to grill the most wanted man in crypto and they know this is what will sell.
Would you have let it slip?
Would you have denied doing the interview and let someone else snag the opportunity instead?
Its a capitalistic, cut-throat and mean world out there.
The NYT did what the NYT had to do to win.
They really didn’t have much of a choice to be honest.
The real question was why SBF was so desperate to go on a media interview galore?
Crash an entire market worth billions, gets world-wide interest in being interviewed.
You have to give it to the whiz kid with the giant afro.
Go watch the interview.
I couldn’t tell if he was nervous, childish, inexperienced or just not thinking straight.
He really sounded like a crypto bro who was given billions to gamble and didn’t know what to say after losing it all.
Anyways, will all these media interviews harm him more in his upcoming trial?
Let’s see in due time.
-
Was the New York Times wrong to have interviewed SBF?
-
#startups #business #startupx #socialmedia #eth #btc #crypto #ftx #ftt #bearmarket #sbf #sambankmanfried #andrewsorkin #newyorktimes #interview
Few months back, when FTX crashed and burned, it shocked the world.
It was shocking because of the scale of it all and that it was crypto’s golden boy Sam Bankman-Fried who was behind all of it.
Every big-name VC and user of FTX got a huge slap in the face.
But really what shocked me was the fact that SBF happily went on a media blitz, giving interviews and refusing to shut up after FTX blew up right in his face.
Make no mistake about it.
FTX’s collapse left a horrible wake of destruction in its path.
Billions were lost, millions of lives affected and it punched a damning hole right at the heart of crypto, at a time when crypto was bleeding the most.
It wasn’t pretty.
Then, instead of remorse, apologies and a hint of sincerity, you get this young punk, the mastermind who seemingly orchestrated the entire “fraud”, going around giving interviews to virtually anyone who wanted to ask him questions.
It was perplexing at best and arrogant at worst.
What really made me fell off my seat was when the big boys gave him a podium to speak and try clarifying his views.
When the New York Times invited SBF to be interviewed by Andrew Ross Sorkin live, it was frankly a very bold move.
They wanted to ask the questions everyone was thinking about and confront the perpetrator.
Why would they do such a thing?
How do you balance journalistic integrity and promoting a fraudster?
Why provide a platform for a person who potentially destroyed the lives of millions?
Where do you carefully draw the line on what is ethical and what is not?
I have to admit that Andrew was not easy on the questioning and he did as best a job as he could.
It is just that SBF was living in his own reality and refused to answer questions straight up.
He was dodging and dipping, slipping and sliding, like a slippery worm covered in gelatin.
Some would say that all the interview did was provided SBF a momentary vestige of clearing his conscience in front of the world.
Others would say that the NYT was just milking the hot button issue and trying to get as many eyeballs as they could.
Think about it from NYT’s point of view.
They had the exclusive opportunity; they were one of the first to be able to grill the most wanted man in crypto and they know this is what will sell.
Would you have let it slip?
Would you have denied doing the interview and let someone else snag the opportunity instead?
Its a capitalistic, cut-throat and mean world out there.
The NYT did what the NYT had to do to win.
They really didn’t have much of a choice to be honest.
The real question was why SBF was so desperate to go on a media interview galore?
Crash an entire market worth billions, gets world-wide interest in being interviewed.
You have to give it to the whiz kid with the giant afro.
Go watch the interview.
I couldn’t tell if he was nervous, childish, inexperienced or just not thinking straight.
He really sounded like a crypto bro who was given billions to gamble and didn’t know what to say after losing it all.
Anyways, will all these media interviews harm him more in his upcoming trial?
Let’s see in due time.
-
Was the New York Times wrong to have interviewed SBF?
-
#startups #business #startupx #socialmedia #eth #btc #crypto #ftx #ftt #bearmarket #sbf #sambankmanfried #andrewsorkin #newyorktimes #interview
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