bfr

[bfr @0xbfr]

@stocksncrypto26 @InTheAssembly This is exactly how every Bank on the planet operates. The biggest differentiators were 1) FTXs “bank run” was orchestrated by their biggest competitor Binance and 2) Government did not bail them out or finance them directly with a money printer

[bfr @0xbfr]

@grok @Singhlicious @InTheAssembly So just like every Bank on the planet operates.

[bfr @0xbfr]

But was he really a fraud? FTX operated like most banks do, they don’t hold your money either but rather invest it and use it for market making. What really crashed FTX was equivalent to a bank run on their token, orchestrated by their biggest competitor CZ / Binance publicly on Twitter.

[The Assembly @InTheAssembly]

This is actually one of the wildest finance stories of all time.

Sam Bankman-Fried (the guy who blew up FTX) was actually one of the best venture investors of the last decade.

Here is what Alameda was holding when FTX collapsed:

Cursor: $200k into what is now worth around $3 billion.
Anthropic: $500M into a stake now valued at $75 billion.
Robinhood: $648M stake now worth around $5 billion.
Genesis Digital: ~$1.15B into a position now worth $3 billion.
SpaceX: ~$100M into a position now worth $10 billion.

If FTX had never gone bankrupt, those positions alone would be worth over $114 billion today.

That would put SBF in the top 20 richest people on the planet right now.

The investing was actually right. The rest of the operation was the problem.

At The Assembly, we have one mission: get you positioned in the best stocks of 2026.

Follow us with notifications turned on so you do not miss our alerts.

A lot of people are going to wish they followed us sooner.

[bfr @0xbfr]

Well well.
Remember how all legacy market ”gurus” bashed #hyperliquid pre-ipo futures for #spacex $SPCX?

How #crypto bros understand nothing and the price has nothing to do with the #stockmarket ? 🤡

Same high, same consolidation price range.

[bfr @0xbfr]

@vuosaarenkuning @JurreJanWeijer @InsideLucysHead Well that is one meaning but the more useful one is ”not even his dog?”

Eikö hän tuonut ketään? Ei koiraansakokaan?

[bfr @0xbfr]

@pixelprayer @RodmanAi This is all FUD. It’s for vector databases. That’s where their customers save answers they receive from APIs of OpenAI etc. And only for small subset of models called embedding models that convert data into number format.

[bfr @0xbfr]

@carefree201215 @FinanceLancelot This is FUD from someone who doesn’t understand AI. The tool is mainly for local vector databases. Not for OpenAI, Google, Microsoft or Anthropic to use with their AI hardware but their customers.

[bfr @0xbfr]

@JamieM_Imagine @nexta_tv No adult even went to check the child. Who else is fed up of people?

[bfr @0xbfr]

@Jim_Cook1 @ChrisCoffee Technically yes but Bitcoins core team is currently a mess and have no consensus on what to do.

[bfr @0xbfr]

@cryptochamp007 @ChrisCoffee You forgot Putin, UFOs and the lizzard people

[bfr @0xbfr]

@ImmuteSheesh @blknoiz06 Depends on which model you refer to. The earlier ones could not compete with Nokias at all and the latter ones were absolutely crushed by iPhone and most flagship Androids.

Crashes, bugs, slow, horrible and laggy UI and so on.

[bfr @0xbfr]

@ImmuteSheesh @blknoiz06 Excellent product? They were almost like phones but worse.

[bfr @0xbfr]

@mert Now proove anything using them without revealing your wallet or any other information
@MidnightNtwrk @IOHK_Charles #cardano

[bfr @0xbfr]

@mert This is sick, great job and thank you for your service!

[bfr @0xbfr]

And expensive AI requirement means the work will converge into few mega corporations (hello SpaceX IPO!) while small ones die. Which is going to decrease salaries and lead into deeper recession. Profits will be pumped into stock market which will delay inflation again until it finally leaks into consumer prices and explodes all at once like in 2022.

[bfr @0xbfr]

@mert @colludingnode Around 16 permissioned validators. Completely centralized governance and intervention capability. Essential functions dependend on centralized APIs(this we can live with though).

It’s a centralized protocol disguised as crypto, Mert.

[bfr @0xbfr]

@The__Solstice Exactly. We got the alt season, we just didn’t like it.

[bfr @0xbfr]

@winnie_pepper @DaygameCharisma @tinfoilmascara @Mrbankstips Retarted how? Kids are absolutely essential part of a relationship if you want them. Complete deal breaker.