The argument this quip points to is very clear, though. SBF tried to sell the regulatory entrenchment of his monopoly as a solution to the respective market's d

The argument this quip points to is very clear, though. SBF tried to sell the regulatory entrenchment of his monopoly as a solution to the respective market's deep problems, which he purportedly was in a position to address. He was revealed as the epitome of crypto problems: deception of users and partners, manual controls in place of algorithms, total abandonment of the premise that made the whole thing attractive. And messianic delusions, too.