Sam Bankman-Fried is an unlikely person to create a multi-billion-dollar corporation from scratch, and Caroline Ellison is an unlikely person to manage Sam’s key corporation. Let’s review the list of problems with the theory this duo were a pair of high-powered wunderkind geniuses with Mesmer-like powers to deceive investors.
— Sam is not smart. He brags about never having read a book, and called reading books a waste of time. He brags about playing computer games during business meetings and calls. He advocates a strategy of gobbling uppers during the day to work faster, and taking downers at night to get to sleep.
— Neither is Caroline smart. She brags openly about being bad at math while running a multi-billion-dollar financial company.
— By their own words, Sam and Caroline clearly appear to be distracted by an ongoing drug addiction.
— By their own words, Sam and Caroline clearly appear to be distracted by a deviant, hedonistic sexual lifestyle.
— Sam dressed like a slop, choosing dumpy t-shirts and sneakers to wear to business meetings and live events, probably because he doesn’t look good in a suit, like how John Fetterman wears hoodies to cover his neck lump.
— Sam says a lot of stuff that SOUNDS smart but ISN’T smart. For example, he likes to refer to his biological memory as “RAM,” a term describing computer memory. But biological memory is only superficially analogous to computer memory. A real computer expert would understand the difference, and would not likely use that metaphor.
So, the narrative wants us to believe these two low-powered “geniuses” somehow created a multi-billion-dollar financial empire from scratch, despite all their obvious disabilities and myriad, self-destructive distractions?
And then we have the sketchy media behavior toward the story. Yesterday, the New York Times ran a credulous article headlined, “How Sam Bankman-Fried’s Crypto Empire Collapsed.” They’ve already got it all figured out, and nobody even knows where Sam is.
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