• @grte@lemmy.ca
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    716 months ago

    What is this article, haha?

    It’s no surprise that the former trader would quickly catch on to the commodity of choice in his new environment. He has been a professional trader for much of his career. In 2013, he got his first intern gig at Jane Street Capital, swapping exchange-traded funds before cofounding his crypto-trading firm Alameda Research in 2017. A year later, he figured out how to arbitrage bitcoin between the US and Japanese markets.

    Yes, with his lengthy four year career before getting into the scam business he was certainly a master of his craft, lol.

    • livus
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      6 months ago

      It feels like it originates with his publicist.

      I fact checked the bit about mackerel and it sounds like everyone uses it in prison over there, so he’s just doing what all the other inmates do.

      Whatever happened to chocolate.

      • @grte@lemmy.ca
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        336 months ago

        Where they at? Apparently he’s buying haircuts with cans of fish.

      • @koper@feddit.nl
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        116 months ago

        You’re unironically arguing that “might makes right” lmao get fucked techbro

          • @intensely_human@lemm.ee
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            15 months ago

            Some people think all statements are value judgments. They then accuse others of fusing value judgments with other things.

            It’s like someone who can’t see bread without seeing a sandwich, and then getting annoyed that others won’t stop making sandwiches.

  • @eestileib@sh.itjust.works
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    166 months ago

    I first heard about the federal-prison mackerel economy in a Wall Street Journal article back from when the WSJ actually did offbeat interesting reporting… Like 15-20 years ago?

    Stackable, non-perishable, essentially (but not totally) zero consumption value… Better than bitcoin as a currency.