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🚨 Brad Gerstner, an OpenAI investor, asks Sam Altman how a company with $13B in revenue can afford $1.4T in commitments. Altman’s reply? “Happy to find a buyer for your shares.” Translation: No answer. Very concerning. 🚩
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WallStreetPro
48.6K posts
WallStreetPro
@wallstreetpro
20+ years on Wall Street. Brutally honest market insights. Helping retail cut through the BS. Investing my own capital while traveling the world.
- Replying to @samaSo you don’t want government guarantees… you just want the government to build the infrastructure for you and sell you cheap compute. Got it. That’s not capitalism, that’s state-sponsored monopoly building.
- 🚨 BREAKING: SWIFT will no longer process fiat currency transfers from bank accounts to #cryptocurrency exchanges, with a value of less than $100K, effective Feb 1, 23. The move will thwart #crypto access to tens of millions of people worldwide. Source: asiamarkets.com/swift-network-…
GIF - "If there is ever a place I can be and I am not going to get in trouble, it is going to be at #FTX." 🤡 - @kevinolearytv aka. Mr. Wonderful
00:00 - 🚨 BREAKING: A report commissioned by the Pentagon concluded that blockchain is not decentralized, is vulnerable to attacks & is running outdated software. The report says that a subset of participants can “exert excessive & centralized control over the entire blockchain system.”
00:00- Hilarious. The Chief Administrative Officer at #SVB used to be the CFO of Lehman Brothers' Global Investment Bank when it collapsed. 🙈 Credit: @AutismCapital
- 🚨 BREAKING: A new class action lawsuit was filled against #Tether in the U.S. District Court for the Southern District of New York. The plaintiffs allege #cryptocurrency fraud in #Tether, #iFinex, #Bitfinex and their subsidiaries. #Retweet Link: bit.ly/31M6f4B
- 🚨 BREAKING: #SEC Chair Gary Gensler has hired a senior advisor specializing in #cryptocurrency, who will be in charge of "policymaking and interagency work relating to the oversight of #crypto assets". Remember this name: Corey Frayer. This is very important. #Retweet (1/4)
- For those of you that are not up to date with abbreviations: DGAF = don't give a f*^k. Yep, that is the president of a country. 🤷
00:00- Is Ethereum a security? What does Gary Gensler have in mind. 😏
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