Description
FTX and Sam Bankman-Fried have imploded, sending ripple effects through crypto and well beyond. But is this really an example of web3? Or is this just a classic case of fraud?
Technically, no, this is not web3. But do the semantics matter? The damage is done.
I usually edit my rants down to 20 min but I couldn't do it this week. SBF has betrayed us.
Is it possible to create a system where we are truly no longer vulnerable to these sorts of con artists?
– PC
Links
Bankrupt FTX's new CEO outlines fund abuses, untrustworthy records
The Collapse of Crypto Exchange FTX More Like Enron Than Lehman
Disclaimers and Disclosures
This content is for informational and entertainment purposes only and is not financial advice.
I've been spending a lot of time thinking about the 3 different parts of generative AI tools like ChatGPT: inputs, outputs, and training data. There are many new applications that will be built using 1, 2, or 3 of these parts.
It's important for us to understand what is possible. The whole...
Published 03/07/23
There was some debate in the web3 community about whether Apple was going to apply its standard 30% fee to NFT purchases made in iOS apps.
Spoiler alert: Yes, they did.
Is it fair? To discuss!
– PC
Links
App Store Review Guideline updates now available
Apple has new App Store rules for NFTs and...
Published 10/28/22