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This entire thread is just denial that SBF is in bed with the establishment just because the current establishment happens to be some folks favorite team.

HWR_14 4y ago
I thought this entire thread was denial of the fact that cryptobros could be part of the establishment. "No, it's not a Ponzi scheme. We're taking down the old order. Buy my coins." I'm fine with saying he's establishment. I just don't agree that makes him not a cryptobro
- cscurmudgeon 4y ago
  > I'm fine with saying he's establishment. And I am fine with saying he's a cryptobro. > I just don't agree that makes him not a cryptobro No one said that. The point is that he is not an ordinary cryptobro. He rose in status in the crypto world due to being in bed with the establishment.
antifa 4y ago
> just because the current establishment happens to be some folks favorite team. I don't think anyone here but you thinks this is that type of "political" or otherwise meaningful in this conversation.
EdwardDiego 4y ago
Um, okay. If he was in "bed with the establishment", it didn't do him any good, did it? I love people who portray his willingness to engage with regulators as a form of selling out, as opposed to what it was, knowing that regulation was coming, so engaging to try to influence it to his advantage. Which is what every other industry does when the regulatory hammer comes down. But so many crypto believers seem to think that crypto is different to all that's come before it, it's really not. It's very sadly humorous how crypto has speedrun the entire history of why financial institutions are regulated.
- cscurmudgeon 4y ago
  > Um, okay. If he was in "bed with the establishment", it didn't do him any good, did it? Yes, it allowed him to steal billions till someone with non zero morals leaked info about it. > I love people who portray his willingness to engage with regulators as a form of selling out, as opposed to what it was, knowing that regulation was coming, so engaging to try to influence it to his advantage. I didn't say that. You are reading too much. > I love people who portray his willingness to engage with regulators as a form of selling out, as opposed to what it was, knowing that regulation was coming, so engaging to try to influence it to his advantage. No one said that. The point is SBF is in bed with the establishment and the establishment deserves some blame.
- johnnymorgan 4y ago
  Lol, it would be more appropriate saying being in bed with the establishment did him waaaaaay to much 'good'. So much so he began to think he was above it all. It's an old story that repeats over and over again, long before crypto and long after it.

HWR_14 4y ago

I thought this entire thread was denial of the fact that cryptobros could be part of the establishment. "No, it's not a Ponzi scheme. We're taking down the old order. Buy my coins." I'm fine with saying he's establishment. I just don't agree that makes him not a cryptobro

cscurmudgeon 4y ago
> I'm fine with saying he's establishment. And I am fine with saying he's a cryptobro. > I just don't agree that makes him not a cryptobro No one said that. The point is that he is not an ordinary cryptobro. He rose in status in the crypto world due to being in bed with the establishment.

antifa 4y ago

> just because the current establishment happens to be some folks favorite team. I don't think anyone here but you thinks this is that type of "political" or otherwise meaningful in this conversation.

EdwardDiego 4y ago

Um, okay. If he was in "bed with the establishment", it didn't do him any good, did it? I love people who portray his willingness to engage with regulators as a form of selling out, as opposed to what it was, knowing that regulation was coming, so engaging to try to influence it to his advantage. Which is what every other industry does when the regulatory hammer comes down. But so many crypto believers seem to think that crypto is different to all that's come before it, it's really not. It's very sadly humorous how crypto has speedrun the entire history of why financial institutions are regulated.

cscurmudgeon 4y ago
> Um, okay. If he was in "bed with the establishment", it didn't do him any good, did it? Yes, it allowed him to steal billions till someone with non zero morals leaked info about it. > I love people who portray his willingness to engage with regulators as a form of selling out, as opposed to what it was, knowing that regulation was coming, so engaging to try to influence it to his advantage. I didn't say that. You are reading too much. > I love people who portray his willingness to engage with regulators as a form of selling out, as opposed to what it was, knowing that regulation was coming, so engaging to try to influence it to his advantage. No one said that. The point is SBF is in bed with the establishment and the establishment deserves some blame.
johnnymorgan 4y ago
Lol, it would be more appropriate saying being in bed with the establishment did him waaaaaay to much 'good'. So much so he began to think he was above it all. It's an old story that repeats over and over again, long before crypto and long after it.