2 ms·
SBF seems to fit a certain on-the-spectrum techie version of being "too smart for own good" / "not as smart as he thinks" / "other people aren't as dumb as he t
by steveBK123 3y ago
SBF seems to fit a certain on-the-spectrum techie version of being "too smart for own good" / "not as smart as he thinks" / "other people aren't as dumb as he thinks".
So he takes the concept of having a paper trail of communications can put people in jail to heart - smart.
He then sets up their instant messaging to auto-delete such that there is literally no paper trail - dumb.
A smarter fraud version would have been to have clean paper trail of communications that were legal & a secondary channel where all the sketchier stuff goes on.
The even smarter version is to not discuss anything illegal in electronic form.
The smartest version being to just not do illegal stuff and run a legal business that makes money.
He should have read far more Matt Levine.
- denton-scratch 3y ago> The even smarter version is to not discuss anything illegal in electronic form. Well, yeah. But he belongs to a social circle that lurves technology; his generation does everything via mobile devices, AND all his buddies are into cryptocurrencies and fintech. They discuss everything electronically.