Going Infinite: The Rise and Fall of a New Tycoon
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
In their quest to understand this strange new company, the architects nagged enough people that finally someone sent them a note with what they’d asked for in the first place: a list of what Sam Bankman-Fried wanted in his corporate mini city. “There were only three things on it,” said Ian. Sam wanted the building shaped like an F, for the benefit
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
“Childhood was a funny thing for Sam,” said Joe. “He was never comfortable with kids, or with being a kid.” They’d briefly attempted to inflict upon him a normal childhood before realizing that there was no point. The trip to the amusement park was a good example. When Sam was a small child, his mother had located a Six Flags or Great America park.
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
Sam explained what he wanted to talk about: Elon Musk really was going to buy Twitter, but he didn’t really want to pay for it himself. He was looking for allies to pick up some of the $44 billion it was going to cost. They want us among them. But we only have three hours to get back to them. “What do you get out of this?” asked Nishad, reasonably.
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
Sam had no talent for coding—the two closest friends he’d made at MIT were both coders, but he still couldn’t tell a good coder from a bad coder. About trading all he knew was that he was not obviously unqualified to do it. He dropped his résumé with the firms looking for traders. It still felt like a lark. “Someone told me that a lot of physics ma
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Modelbot just hunted for any coin it could buy at one price in one place and sell in another at a higher price.
Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
In March 2020, a Silicon Valley engineer named Anatoly Yakovenko launched a new and better blockchain that offered a solution to maybe Bitcoin’s biggest weakness as a means of exchange: it was way too slow. Bitcoin could only validate seven transactions a second. The new Solana blockchain promised to process up to sixty-five thousand transactions a
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