Patrick Lorio

Working to make self hosting game servers easy for all @playit_gg

Previously
@meraki
@merklex_io
@coinbase
@ucberkeley

[Linda Xie @lindaxie]

Proud to see Coinbase and @brian_armstrong taking a stand. It's been extremely disappointing and frustrating to see the SEC regulating by enforcement rather than providing guidelines to the crypto industry

[Patrick Lorio @patrick_lorio]

What's with all the top Google search results for PayPal support articles leading to 404s?

Really annoying.

[Patrick Lorio @patrick_lorio]

@0xgaut Everyone wants those interconnect fees.

[Patrick Lorio @patrick_lorio]

@BenPerszyk Probably don’t need gpt3. I’ve been wanting to recreate an old hackathon project that does something like this using OpenAI’s whisper project. Are you trying to search through a massive collection of videos or just a handful?

[Brian Armstrong @brian_armstrong]

I don't care how messy your accounting is (or how rich you are) - you're definitely going to notice if you find an extra $8B to spend.

Even the most gullible person should not believe Sam's claim that this was an accounting error.

[Austen Allred @Austen]

I admit I'm a little bit shocked at how many people are totally fine letting someone "aw shucks, my bad" their way through stealing $8 Billion of their customers' money

[nicolas, 30 ans @nic_carter]

Sam isn't behaving like a renegade who is ignoring the advice of his lawyers

He's behaving like he has a world class crisis management firm and legal team constructing a very specific and deliberate public narrative

[Patrick Lorio @patrick_lorio]

@confusedqubit @majek04 Probably packet encapsulation or Ethernet point to point fiber service between their Datacenters (like what Zayo offers).

[Itō @ItoIian]

@Hungryx2Hip @Austen Not necessarily. At face value it might make sense to reduce the potential harm to an officer. But that potential harm to an officer also gives them an incentive to de-escalate a situation and find outcomes where everyone lives.

Robots make those kind of outcomes unnecessary.

[Patrick Lorio @patrick_lorio]

@maxboonen @SBF_FTX Is criminal negligence not a thing?

[Patrick Lorio @patrick_lorio]

@WatcherGuru Just In.... it's been public since Coinbase went public.

[Justin Mart @j_mart]

Very disappointing to see CZ resort to blatant FUD without even basic diligence.

Coinbase and Coinbase Custody are separate entities.

Greyscale assets are in CB Custody and would not be reflected in Coinbase holdings.

[Topher Florence @topherflorence]

"visit goth target in the metaverse"

[Patrick Lorio @patrick_lorio]

@Ohios_wahoo @SBF_FTX FTX & Alameda could have always been a Ponzi scheme but it doesn’t seem like it.

B is just theft. A Ponzi scheme is where you lie about returns to get more investment that you then steal. Here they lost a ton of money and stole to try and cover losses.

[Patrick Lorio @patrick_lorio]

@SBF_FTX I’ll translate

a) we consider our junk a assets to be worth a lot but nobody will buy them

b) we gave Alameda our user deposits without a margin requirement because we’re okay committing fraud and theft. Let’s just pretend like this normal and call it a “margin position”

c) ??

[Patrick Lorio @patrick_lorio]

Working to generate API docs and typed interfaces for the https://t.co/jzOdmN3p72 API. Rust proc marcros are amazing! First time writing my own.

[Patrick Lorio @patrick_lorio]

@elonmusk change the $8/month verified tick to a ❤️ and give supporters the option to get into a verification queue.

[Linda Xie @lindaxie]

What occurred with FTX was fraud and doesn’t invalidate crypto. Bad actors like Bernie Madoff & Elizabeth Holmes hurt but don’t invalidate their industries. DeFi is working towards a more transparent, permissionless system where this fraud and freezing of user funds can’t happen

[Patrick Lorio @patrick_lorio]

I wouldn’t be surprised if SMB has $0.2-1B in liquidity he’s frantically trying to gamble to cover customer losses.