SBF Profile picture
17 Jun, 8 tweets, 2 min read
1) A few further comments on COVID, in response to some comments:

2) On the 1,000 person sample size:

a) challenge trials fix this
b) safety can be determined with ~1000 people; either you think COVID death >> 0.10% or the whole thing is stupid
c) efficacy was strongly expected
d) fine pay for 40k, it's a tiny fraction of the delay cost
3) On politics:

Both parties get failing grades here. They both flip flopped (remember the immigration wars a year and a half ago?). We transitioned from incompetent to poorly-thought-out.
4) This was fairly predictable in many ways.

The one thing that surprised me: I assumed people would give up on social distancing after a few months. I was wrong on that.
5) Even just the fact that we got the vaccine right on our first try is strong bayesian evidence that we didn't really need the trials and already knew it would probably work
6) It's not like the trials helped perfect it; it's still overdosed and needing two injections makes it way harder to get adoption and the rollout still sucked even though we had 9 months to prepare for it
7) Also to be clear I am not advocating any conspiracies here, just incompetence and lack foresight.
8) and finally I don't want to really get into an argument about this one, but.....

GAIN OF FUNCTION RESEARCH IS SCARY, YO.

MAYBE WE SHOULD, LIKE, SPEND MORE TIME TRYING TO AVOID DOING THINGS THAT MIGHT KILL US.

or at least like require an even higher level of security

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with SBF

SBF Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @SBF_Alameda

17 Jun
1) When it comes to COVID, there is no plan.

There never was any.
2) NOT PANDEMIC ADVICE.

Fuck it, yeah, this is basically pandemic advice.
3) As I write this, I'm a day delayed traveling.

Why? Because my negative COVID test used my middle initial instead of my full middle name (it also had my passport number on it!)

I needed that test in order to:

fly
--> take another test
--> quarantine
--> 3 more tests
Read 21 tweets
16 Jun
Cloudflare acting up, not sure why, stopping some people from accessing the FTX website.

We're reaching out to them and working on hacking around it.
NOTE: we have moved FTX to post-only mode in response to the cloudflare errors that many users are seeing.

We are trying to resolve this ASAP.
Still no progress from Cloudflare here, super frustrating.

We're working on alternative solutions.
Read 5 tweets
12 Jun
1) Per a conversation with @_Dave__White_: EUR/JPY, JPY/EUR, and Quantos:

Why bitmex.com/app/trade/ETHU… trades at a premium.
2) NOT INVESTMENT ADVICE. NOT TRADING ADVICE.
3) Let's pretend that EUR, GBP, and USD all had 0 interest rates and you didn't have opinions on any of them.

Let's also pretend they are all worth they same now.

Then you see contracts for EUR/GBP and GBP/EUR, where you can trade one for the other.

They settle in 10 years.
Read 14 tweets
5 Jun
1) I'm away from the office this week at the conference, but our team has rolled out a ton of cool shit!
2) FTX Pay:

Have an app, business, exchange, etc. that wants to accept both crypto and fiat?

Integrate FTX Pay!

US: ftx.us/pay
Intl: ftx.com/pay

Live now on sollet.io!
3) NFTs are live on FTX!

Some cute ones to start but lots more to follow. Reach out if you want to add yours!

ftx.com/NFTs
ftx.us/NFTs
Read 5 tweets
2 Jun
1) What a difference a year makes
2) I'm back in the states for the first time in about a year and a half.

There's probably a thread to write here about COVID and masks and vaccines and travel and Asian and the bay area and Miami, but this isn't that thread.
3) Last time I was here, I was visiting a Berkeley office, bustling with life.

BTC was trading at $9k, about to crash to $4k.

FTX had a few hundred millions of dollars per day of volume.
Read 9 tweets
24 May
1) What sort of leveraged played a part in the crash?
2) NOT INVESTMENT ADVICE. TRADE RESPONSIBLY.
3) The obvious answer is "100x".

But I don't think it's the correct one.
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(