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SBF
CEO of @FTX_Official: https://t.co/O8fd1qeXKU. Not investment advice. https://t.co/cIqm5hT1yQ and FTT not available in the United States or prohibited jurisdictions. https://t.co/pnF88jgw4b works in US!
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Jan 20 16 tweets 3 min read
1) Slack in the system 2) FTX wasn't really founded on the notion that it was going to make better tradeoffs than other exchanges.

It came from the belief that there were big wins to be had by just doing things better.

That to the extent there was a tradeoff, the sacrifice was hard work.
Jan 14 4 tweets 2 min read
1) I'm really exited to announce two things today: 2) First, we're launching a $2b venture fund: FTX Ventures!

As a founder, it's important to support other founders creating great companies. Hopefully this will allow us to do that a lot more.

And, hopefully, to do less of this:

ventures.ftx.com
Jan 12 8 tweets 2 min read
1) Some thoughts on @moxie and web3

() 2) h/t to medium.com/@danfinlay/wha… for verbalizing some of these ideas!
Jan 7 6 tweets 1 min read
1) Charge forth:

An excerpt from a doc I wrote someone today.

--------------------- 2) Your energy was infectious. I remember that feeling, back from when I got into crypto in late 2017/early 2018: the adrenaline and excitement and focus and insane growth. It’s intoxicating.
Jan 5 4 tweets 1 min read
1) I think there's some merit to this argument! But I also think there are ways around it, and some things it might be missing: 2) First of all, you don't have to put *everything* on a blockchain.

It's totally true that you need to keep iterating and innovating!

But *some* things could go on-chain.
Dec 31, 2021 20 tweets 3 min read
1) Friends. 2) One of the weirdest, hardest, and most interesting jobs of 2021:

building out the brand and marketing for Corona.

The beer company, that is.
Dec 30, 2021 5 tweets 3 min read
1) Little known fact: inconsistent with most other things about me, I cook most nights!

I'll post some "recipes" here.

Spoiler: most of these recipes are:

1: put [x] in a pan
2: put olive oil in the pan
3: turn on the stove and fry [x]
4: pour a lot of salt on [x]
5: eat [x] 2) As it turns out, frying things in a pan with olive oil, salt, and (when I'm feeling ambitious) dried minced garlic is exactly what I like eating, and it works for most foods.

This is especially true given that I'm a picky eater: salty + savory + not-spicy + vegan + filling
Dec 28, 2021 22 tweets 5 min read
1) Y'all hear enough about FTX from me.

So here's a thread of what upcoming features our team is most excited about.

(The thread will grow as others tack on!) 2)
Dec 27, 2021 25 tweets 4 min read
1) I've written a bunch about FTX's roadmap.

But I haven't written much about crypto's.

So, here goes. 2) NOT INVESTMENT ADVICE

Also, this is just my opinion. Maybe I'm wrong!
Dec 14, 2021 5 tweets 2 min read
1) One of the best moments from the House Financial Services Committee meeting:

@RepAuchincloss drilling into the details of our stablecoin proposal (ftxpolicy.com/stablecoins), and proposing that congress moves to enact a regulatory regime that ensures the backing of stablecoins. 2) What struck me so much about this: unlike almost all the discourse around digital assets, it was:

a) informed
b) constructive
c) action oriented
Dec 10, 2021 7 tweets 2 min read
1) It's interesting seeing how social media AIs do and don't work!

For instance, here's what @Twitter is suggesting to me today: 2) Some of these are pretty standard. They're suggesting Coinbase and Ripple, probably based on my crypto connections, for Technology.

But I don't think there's much _unusually_ trending about them -- it's probably just randomly selecting large crypto related things.
Nov 26, 2021 16 tweets 3 min read
1) Building a team 2) We tend to think about teams differently from many companies.

For instance, here's our dev team, lead by Gopher (bottom), about 15 minutes before our company shoes up to Thanksgiving Dinner.
Nov 9, 2021 7 tweets 2 min read
1) Some notes from @coinbase's Q3 earnings!

s27.q4cdn.com/397450999/file… 2) First, how have they (and others!) done recently?

Well, they're the yellow line. They had a mediocre Q3, but they're probably in line for a good Q4!
Nov 8, 2021 5 tweets 2 min read
1) A reminder that we have some policy pieces up at blog.ftx.com/policy! 2) Some of the main goals that crypto regulation needs to serve are:

a) Customer and investor protection
b) Market integrity
c) Preventing financial crimes
d) Systemic safety

blog.ftx.com/policy/policy-…
Nov 4, 2021 20 tweets 4 min read
1) On Hubris 2) "Two vast and trunkless legs of stone
Stand in the desert. . . . Near them, on the sand,
Half sunk a shattered visage lies...

And on the pedestal, these words appear:
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
Nothing beside remains."
Nov 4, 2021 25 tweets 8 min read
1) As the 2021 @MLB season comes to a close, some reflections from 21 years as a fan of the @SFGiants. 2) NOT BASEBALL ADVICE.

I suck at baseball.
Oct 23, 2021 8 tweets 2 min read
1) Filing taxes isn't fun. As it turns out, for many people, it's also a bit of an odd exercise.

latimes.com/politics/story… 2) See, the government actually already has a lot of the relevant information.

But rather than make that available to the taxpayer, it sends a form asking you to enter your income, investments, etc.

Asking you to tell the IRS what it already knows.
Oct 16, 2021 13 tweets 3 min read
1) Don't let the drive for a narrative overcome your priors; aka the slow, sad decay of fivethirtyeight.

fivethirtyeight.com/features/justi… 2) This article is dumb.

It is centered around the observation that, this season, Lamar Jackson has been better on early downs while Justin Herbert has been better on late downs.

Why is this????
Oct 15, 2021 8 tweets 2 min read
1) another lazy, incoherent take on COVID: theatlantic.com/ideas/archive/… 2) as with many, this one doesn’t bother attempting a cost benefit analysis.

If it did, it would maybe notice that the claimed annual damages from the flu are around $50b.

How about it’s proposed countermeasures?
Oct 13, 2021 26 tweets 5 min read
1) A while ago I wrote a thread on VCs:

I've now been through a LOT more raising and investing. Some updated thoughts on the process! 2) NOT INVESTMENT ADVICE
Oct 7, 2021 7 tweets 2 min read
1) Ok come on TIME, this article is pretty pathetic.

How did no editors catch that it was logically impossible?

time.com/6104105/more-s… 2) so, if all relationships were monogamous and heterosexual, and there were as many women in the world as men, then the effect of “economic pressures” on the ratio of single men to single women…