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Based on this https://youtu.be/C6nAxiym9oc https://youtu.be/C6nAxiym9oc it wasn't even anywhere near that well thought out with SBF. He behaves like a child whe
by dotnet00 4y ago
Based on this https://youtu.be/C6nAxiym9oc https://youtu.be/C6nAxiym9oc it wasn't even anywhere near that well thought out with SBF. He behaves like a child when asked simple questions about crypto, trying to use double speak to weasel his way out but not even the way a typical CEO or politician might do it.
I think SBF's trick was to just demonize regular finance and to treat all criticism as simply FUD. IIRC they also paid influencers a pretty penny to promote them. It's an extremely common tactic in crypto, basically every crypto scam covered on that channel involves a similar cult of personality being setup as a cover for the scam.