Sick and rereading Lying for Money, and chapters 5 and 6 (Cooked Books and Control Fraud) are hilarious in a “I feel guilty about how many lives that are going to be ruined but this is a comedic sentence” sort of way. Not about cryptocurrency... not not about cryptocurrency.
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Quoting Wolf of Wall Street: “And what secret formula had Stratton discovered that allowed all these obscenely young kids to make such obscene amounts of money? ... [A] majority of the richest 1% of Americans are closet degenerate gamblers[.]”
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“The snowball property of growing companies means that if you are extracting cash fraudulently, you usually need to be growing the fake earnings at a higher rate. So people who are correctly identifying frauds can often look like they are jealously attacking success.”
12:28 AM - 29 May 2019
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