SBF

SBF

@SBF_FTX
Nassau, The Bahamas انضم Mar 2019
16
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تغريدة

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17) All of the stakeholders would have a hard look at FTX governance. I will not be around if I'm not wanted. All of the stakeholders--investors, regulators, users--would have a...

2) I'm really sorry, again, that we ended up here. Hopefully things can find a way to recover. Hopefully this can bring some amount of transparency, trust, and governance to them...

3) But the important thing is that customers are protected.

39) (iv) Network effects. Many of these use cases don’t work unless two people both use crypto: buyer/seller; sender/receiver; tweeter/reader. That means we have to get up to ~3...

9) And so the algorithms look at the data, and decide based on that BTC should be 80% correlated to the S&P500, with a beta of 4 (i.e. if S&P500 moves 1%, BTC moves 4%). Then war...

11) But to some extent they're making money from VCs, because here's the *net* flow of funds: i) VCs: - $ X/2, + stock ii) Customers: - $ X/2, + some pizza iii) Companies: - stock...

16) Second, there should be standard markets oversight, in a unified regime that creates similar standards for spot, futures, etc. And third, a disclosure, registration, and anti-...

6) The LUNA/UST mechanism wasn't misrepresented--it was, in fact, very transparent. And, I think it was transparently going to falter at some point. Do Kwon obviously stood by it...

23) Some of this is the rich getting richer; some is _new_ people climbing higher than anyone from 2007. But, one way or another, it's happening: https://t.co/7IYs6mk4Ux The ric...

4) Finally, watch @Brett_FTXUS live on CNBC at 2:30am SGT = 2:30pm EST! https://t.co/SLMI79cKWL

18) Anyway, on February 8th, I didn't announce a hiring freeze. And today I'm not lifting a hiring freeze--because there never was one. And because the truth is that, for FTX, th...