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SBF
@SBF_FTX
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@SBF_FTX
11) Fourth, The Late-Night Dancers. T L-N D were smart and knowledgeable and quick, which is great! And valuable. But they were more. They understood something: that businesses can succeed and fail based on whether they do whatever they have to do.
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SBF
@SBF_FTX
12) Crypto is 24/7, and sometimes things happen at 2am. Life can be brutal that way. You can either hope the night is never important, or you can sleep next to your phone, ready to sprint to the office on a moment's notice. Not everyone needs to! But someone does.
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SBF
@SBF_FTX
13) Fifth, The Relay Circle. You hear about the products and the tech and the posts. You even hear about back-end dev work. You don't hear about back-end corporate work.
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SBF
@SBF_FTX
14) It's easy to abstract it away. "Oh yeah, then you use your company [which apparently you have and it's the right one in the right place]" "Our KYC process [build and managed by people]" "Then you wire the money [from the bank account you got]..."
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SBF
@SBF_FTX
15) TRC is possibly the most crucial piece of the puuzzle. It's also brutal. For a while, TRC spent 6 hours per day in a physical bank branch, watching tellers manually type 20-digit memos and watching for typos.
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SBF
@SBF_FTX
16) TRC also has to deal with customers when they're wrong. And with lawyers, when they're wrong. (If you think lawyers are never wrong -- what happens when two lawyers disagree with each other?) And with service providers when they break. And employees, when they feel broken
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SBF
@SBF_FTX
17) Which is why it's a relay. It's hard and grinding and thankless and crucial. And so from time to time we pass the baton to each other. Some people thrive on it. Some feel its weight heavily. Sometimes those people are one and the same.
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SBF
@SBF_FTX
19) To everyone who got us where we are today: thanks <3. To everyone who will help us get to where we're going next: welcome aboard. And to the haters: fuck you. But seriously, yesterday is over. Tomorrow's what matters. And *everyone* who wants to join is invited.
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