/biz/ - Business & Finance

>>52848786
https://youtu.be/zqIa6ccn3Bw

bump

>>52848786
>mfw she says stablecoin risk

>>52848786

>>52848786
so he got arrested to prevent himself from ratting on others right? hes going to die right? what is going on? the day before is sketchy.

>>52848786
Jesus Mr. Ray is anally shredding SBF
>no internal controls
>fraudulent use of customer funds
>no distinction between Alameda and FTX

>>52848860
>poverty pimp

Hi gummi <3

>>52849043
crazy that other spend hundreds of hours babbling about this shit and when the time comes to know whats going on in front of CONGRESS everyone is doing something else

>SBF owned 90% of Alameda
>no distinction
hahahahahaa

Ray is a fucking gigachad, he fucks

They have a Mexican maid speaking

HAHAHAHAHAHAHAHAHA

GUMMI MY BABY WHERE ARE YOU!!!!

>>52849167
How the fuck do these people get into congress lmao

>QUICKBOOKS

>QUICKBOOKS

>quickybooks accounting

Sherman seems like a sneaky Jew

Yes, I'm sure this stupid cunt will do a fine job

SHERMAN IS HERE

>Crypto is a garden of snakes
>SAYS THE CONGRESSMAN
My god, what the fuck.

Crypto is a garden of SNAKES

An electronic pet rock for the 21st CENTURY

>>52849264
Crypto salesmen, it finally happened. We got too cocky.

I like how most of the congressional retards use this opportunity to just speak their mind and not ask questions

>digital pet rock
Is it over from crypto bros

>>52849278
kek is brad sherman fudding again. i cant imagine anyone else saying this

sticky this thread

why do they always use the term "crypto bros"

Cam 2, cam 2 wtf

I still kek whenever I see sherman
I made $2k off of a Sherman shitcoin last year during the bull lmfao

>Transfered to Alameda
>Transfered to Alameda
>Transfered to Alameda
All of these fucking shitcunt cowards won't even TOUCH the fact that SBF donated millions to both parties, Dems publicly, Repubs privately.
THESE CUNTS ARE ALL BOUGHT AND PAID FOR.

>>52849382
If only you knew...

The smugness is off the charts. These niggers steal my money every year and give it to slavshit retards and before that snack bar retards but some jew kikes reddit out of billions and now its oh no the humanity kek.

>doctor kang

>>52849369
true, they dont need to talk about it at great length but they would at least give the money back if they wanted to have any veneer of legitimacy

>dr. king

>>52848786
THIS GUY IS SO DONE

>>52849409
>we have to send a MESSAGE
To anyone who wants to take that much money without giving us all a bigger cut!

Bankman is getting LIFE

Is he there physically?

>>52849449
No, he was referred to as inmate #357

Kek what did it say?

so many joggers and hicks in congress. this country is done

wtf did he say that this guy is having a meltdown over it? did he call him a smelly nigger or some shit?

>>52849043
>what is going on? the day before is sketchy.

i wonder if they let him have a bean bag in his cell

>>52849522
lmao

CREEPYDO

Creepy dough?

Creepydough what a joke. Someone make a sitcoin

>creepy dough

>CREEPYDOUGH
PEOPLE ELECTED THIS MAN

creepydoe currency? lmao wtf

>CREEPY DOUGH

>>52849546
CREEPY DO CURRENCY

>>52849347
https://www.youtube.com/watch?v=Sk3mV_uW05w

>he’s being serious

>Farmington State Bank

Finally some good shit.

So how easy is he getting it from Dems?

>grabble grabble

>>52849533
How the fuck do people have a crazy work ethic like this? Elon Musk is the same way, sleeps like five hours on a couch in his office. Meanwhile I get burnt out working like 32 - 40 hours a week.

>Trading cats for dogs
I like whoever the fuck this guy is, he's cutting to the point.
WHO
IS
GETTING
PAID
HOW
LONG
WILL
IT
TAKE

Dogee coin bros...

dOjI coin or DOGGY COIN?

Dojibros we are eating good tonight

phrased horribly, but I would like to know when the snapshot that they are going to base everyone's final balances off of

dogee coin

listening to this meeting really displays how early we still are in crypt

CRYPTO DOUGH CURRENCY
DOGGY COIN

I really wonder how things would have played out if Elon never got involved and kicked off dogshit mania

>DOGE

>>52849688
checked
I get this almost suicidal cringe when I hear boomers talk about crypto

>>52849747
I wish covid got them all

Finally this fine congresswoman will get down to tha bidness

ohio

>politically progressive smart entrepreneur who was going to change capitalism

>>52849766
>its nice to see it all unravel
kek

>>52849759
bixness

>>52848786
uh oh the jews are hacking her stream so we can't here her

>>52848786
Another feed
https://www.youtube.com/watch?v=YQdvfBZ0VbQ

>HUNDREDS OF DOLLARS

"About 1 million users have lost money. Can you tell us how many users have lost money?"

w-what?

>>52849783
now they're hacking my computer to make me make typos, this is out of control

YE24

This nigger is top tier retard.

>explain to me how a bank works

>>52849775
WHAT'S DA BIDNESS

>>52849643
I mean SBF was clearly lying about his work.
Once you get to a certain level of wealth as a business owner work changes.
Elon's not out there waging on the computer like we are. Hes more accurately described as constantly busy. He probably just has lots of people asking him questions and sending him reports.

these congressional questions are embarrassing.

>>52849794
Thats a male dolphin

"So you lost all your money. My questions is when are your customers getting their money back?"
What a fucking idiot. Just unplug your router your useless.

>>52849823
Lemme aks you this final question. How do, given your experience?

>what could prevent the unauthorization or ununauthorizing of customer funds in the future

???

AYOO WYTEBOI THE REEL QUESTION IS
MY CUZ LOST MONEY ON DEM CRYPTOS SO, OS HE GETTING ALL THAT BREAD BACK?!

this truly is a waste of time and money to sit here and verbally take the 5th for someone else over and over

still watching

>ESG

Kek based scammers are already on the job

>>52849895
Pretty cool its in the vernacular now and people know why there are black men kissing in their insurance commercials

>>52849845
The monkeys have been made ringleaders(in show). The US is hurtling towards HONARABLE MEMBER tier government.

You Chuds are investing in chewing gum numbers.

Kek

I have a world record in chewing gum

is this retard aware that the problem with FTX is that it behaved exactly like banks do?

>>52849969
Yeah I hate all this moral grandstanding about muh big scary crypto when the same clown world funny money casino shit goes on everywhere else too

get this guy off the mic damn

>You're all terrorists
Here it comes.

> it's an alternative currency
kek, the asshole didn't like that

Sn is sn

Guam niggas???? Is this for real

>>52850000

Its wild to me that these are elected representatives and they think they are asking good questions

>>52850080
He's been paid off by the binance fudders

>>52850107
They're literally like 100 IQ midwit retards

LMAO

I can’t believe that these are the people in charge of things. If you only knew…

>>52850107
The one where they had Zuckerberg was worse
>Hurr dur is my iPhone tracking me???

These “circumstances” that “caused FTX to collapse” exist in every bank in America RIGHT NOW. Do they think they’re fucking smart? SBF deserves to burn, but holy fuck are they this dense?

>>52850182
It explains so much about the state of everything else

>>52850171
no he's trying to spin it like the FTX collapse is an inherent problem of the crypto space in general. this is the path these fuckers want to go, in order to encourage maximal regulation.

>>52850208
>what is FDIC insurance
Comparing unregulated exchanges to banks is peak midwit

Stop investing in chewing gum counters you guys! Its too scary

>A blockchain is like making a record of every time you chew gum
>tfw no pseudo-profound boomer dad

>>52850176
Even worse, they're boomers.

>30 year old gazillionaire

>>52850176
I'm thinking 85. You'd be surprised how 80-90 IQ can seem normal in social interactions. Until you go into details about a topic then things fall apart for them.

Is that dawn song in the back?

Also Ray looks like de niro in the irishman
Mumbles like him too kek

>>52848786
Who is this Mr Ray, I just joined

YES YES GET GARY BWAHAHAHAHAHAA. THIS BOOMER OWNS

>>52850426
Nvm I'm retarded

>>52849643
>How the fuck do people have a crazy work ethic like this?

daddy problems and amphetamines

>>52850209
Ray's demurring on regulation questions which is wise.

EMMER gets it. Centralization is the issue, not blockchain. Decentralization is the solution. Wow I'm surprised to hear such a refreshing, accurate take from a boomer on the committee. Hope these other fucks get it.

decent speaker on deck

like this decentralized guy

>>52850467
>>52850465
>>52850462
Did not expect that from the boomercons

>>52850461
Ray is answering correctly, he even called it an "alternative currency". the senator was trying to make him frame the whole thing as a crypto problem, not a company management problem.
that Emmer guy was so far the only guy who said what's going on.

>>52850514
guam rep :D

hafa

>>52850514
Sam Niggerlas

>>52850514
Santa?

SBF is either lying out his ass in his written testimony or he is a fucking idiot manipulated to be the biggest patsy in history. I've thought it was the former but, so far, this hearing is making me think the latter. Mr. Ray sounds like a bigger crook than SBF ever was...

>>52850514
Is that the guy that called Sam a gazillionaire??

>>52849643

They’re lying retard he slept 20 hours a day stupid fuck

Who the fuck is tapping

>>52850426
First made his name unwinding the bankruptcy of ENRON, aka "the crooked E"

>>52850514

Yo we got Spanish Santa on deck? This whole thing seems like a comedy skit. Is this real life?

>>52850561
the person sitting in for waters, telling these fucks their time is up

>>52849643
>Elon
>work ethic
Is that why nothing he’s “made” ever came out cost efficient and on time? His solar city that wasn’t going to work from the start and he took 500 mil from NY state tax payers? The “tunnel” underneath Vegas that just has 2 stops that has to use human driven Tesla taxis? He likes ideas the people sell him and the he pretends to understand them and sells them to VCs who get ripped off. Im sure hyperloop is right around the corner guys. We just might need another 400 mil. I know you gave us 200 mil already. But look! Some pod on rails in a tube!

>>52848786
he got arrested yesterday, no testimony from sbf yet

>>52849688
Boomers are fucking retarded, my mom works IT for a hospital, so you would think she jumped right into crypto when I explained it to her

Nope, I practically begged her to buy at 8k, it's just boomer brain

Do you guys have another stream besides the one posted at the topnof the thread? Kinda tired of looking at robert de niro

>>52850641
i'm watching the one by WSJ, i also think it is further in time than the stream on CNBC.

https://www.youtube.com/watch?v=YQdvfBZ0VbQ

there's alot more blacks in congress than i thought there would be (I'm not from the US)

>>52850641
https://www.youtube.com/watch?v=rWAnrigAO3I

Every single nigger is obsessed with regulating crypto.
(((Cohencidence)))

>>52850176
>the deepstate is a conspiracy theory
These morons must be so easy to manipulate, staff has to be full of glowies

>>52850208
not even close. you have a lot of learning to do.

Massa, wut can we do's ta regalate Putins war machine n crypto shiet?

can you imagine the depth of wealth a representative like Hershel walker could have added to a riveting discussion like this

>>52850607

see >>52849522

>I know you're not an expert but

I've heard this rhetoric in that congressional hearing with JPOW about housing, they think the speaker has expertise in something they clearly don't but they double down on their ignorance

>>52850779
he would've been a senator, so not at this hearing.

>>52850687
If you think thats strange pick a random us city and see how long it takes to find out that a black woman is in charge of it

It’s all a show. This was done on purpose to launder money to DNC. Just like BLM was used last election.

>>52850687
jews want america destroyed and theyre using diversity to do it

>>52850864
Ding ding ding

Guardrails

>almost a complete ability to lose money beyond collateral
lmao

Seeing how many million dollars this guy Bankman-Fried donated to political parties and still gets arrested, WHY would any Billionaire donate money to political parties, seeing this they should know that it won't help them?

I know getting arrested means nothing at this point nobody would be surprised if SBF get's away or the minimum sentece.

OK we gotta admit that this Ray guy is based. In his age being able to handle all this, sitting there for 2+ hours answering all the questions fully concentrated.

satoshis american

Oy vey it's actually the goyim's fault.

>>52851088
He just didn't donate enough

>american technology
You fucking what nigger?
>Digital assets
Call it crypto you pussy

John J. Ray III

Robinhood stocks

>>52851144
Murka we iz da leaders in da digital space my nigga

>>52851196
Lol

Honestly, literally ever coin other than monero and bitshit is a blatant scam, so this kind of"regulation" that congress wants would thin the herd of so much bullshit

Based Gonzalez shitting on the slimy jew pilpul

>>52851196
i thought the same thing lmao.

This is like a /pol/ parody skit ffs this county is beyond fuked

I watch that doordash youtuber mooshi or whatever the fuck his name is and he buys Solana at the end of every video "it's gonna go up" God I hate normies sometimes

Fucking guy works 10 hours a day on doordash just to fucking throw it in the trash

Niggers are too retarded for crypto to exist
-Tlaib

noooo not the teachers

Personal responsibility hello?

Why is she acting like Ray did all this?

I would never tell her residents they could get rich

dumb bitch should just shut up

>>52851323
she thinks that he is one of the bad guys because he's the current FTX CEO

Ah, the insufferable "Ms. Tlaib".

did ray just say that u could trade FTT on FTX US? Holy shit he's even more incompetent than SBF

>muh teachers
If your pension put money in ftx then just kek.
>Im friends with warren!
Explains the massive retardation.
>FTX bad so all crypto bad!
Golly what if we took that kind of thinking and applied it elsewhere. Like to people of the jewish faith perhaps.

>>52851360
dude, try sitting there for 3 hours answering all the retard questions and threats when you are 60+ years old

>>52848786
is that Maxine "kill whitey and Trump supporters" Winters?
Old whore, the jogger Pelosi

>>52848786
Paper Tiger. Congressional hearings have always been a joke. They have now power, but it serves to settle down the cattle when they're rustled. Also free airtime for jr Congress fucks who pretend to be outraged.

why is my auntie at this hearing?

>>52849643
They don't. If that was the case how would Elon have like 20 bastard children? His actual productivity is twitter-shit-posting tier. You get a lot more done in those 40 hours than he does in countless "conferences" where he tells people, who actually work, what to do.
All that "I work soooo hard therefore it's only reasonable for me to have billions!" is just fiction

Another baboon

Why would anyone want to sit as the CEO? How much does he got paid?

>>52851533
> John Ray, the seasoned expert brought in to tidy up the wreckage of collapsed crypto exchange FTX, is billing $1,300 per hour for his trouble

>>52849522
>I'm richer than SBF
Kino

>Purpose of crypto is to usurpt the dollar as a reserve currency
WAGMI

>they just took it
The CEO said that after the bankruptcy was filed funds were both hacked and taken by Bahamas authorities with the help of FTX employees. Sounds like the Bahamas is asking for some mutt democracy.

Jesus give Ray a break

>>52848786
Is that indian milf gonna show up? Otherwise I’m not watching.

>>52851662
name?

DR KANG

fuck sbf, someone redpill me on this cutie

>>52851649
Every woman is doing this. It’s like they don’t know what’s going on

MY FAVORITE BIG BOOTY LATINA AOC

>no hacking
so they lied about that too, huh

Here we go

>>52851717
AOC MOMMY MILKER TIME

>>52851708
>>52851719
>>52851717

>>52851719
LFGGGGG

finally they're talking about this bahamas preferential treatment. Claw it back

>>52851719
Her voice is like nails on a chalkboard.

>>52851752

>>52851682
The one broad that looks like a white granny but claims she’s 1/8 indian.

>fapping furiously

>>52851768
>fapping furiously while listening mexican tuba music and AOC btfo-ing Sam

print more money to make everybody HOLE

>>52851684
PRC orient spy

congress is a waste of time...government is stupid as hell

Why is he on the verge of laughing, when making the claim he hasn't talked to him?

>>52851554
I would ask for more

[as narrator] Matter of fact, nobody knew all the details. But it should have been perfect. I mean he had me, Nicky Santoro, his best friend, watching his ass. And he had Ginger, the woman he loved, on his arm. But in the end, we fucked it all up. It should have been so sweet, too. But it turned out to be the last time that street guys like us were ever given anything that fuckin' valuable again.

>provisional arrest warrant issued 36 hours before he was due at a hearing
>kinda bizarre
haha yeah. just a little

>ananmoly

>it's the industry, guys

>>52851554
>1000s of dollars an hour

man... the game is rigged.

>>52851954
KEK

based timmy implying the DoJ is fucking corrupt

crypto rayciss

think of the minorities
think of the effiriums

>crypto racist
>think of the minorities
>ahhhh genslerman i'm going insane please proteeeeeeeec

>muh niggers and spics are hurt the most
The fucking ceo says he has no idea how many us investors they even have and this retard thinks he can say for certain its mostly brown people. Im a spic and I dont know a single mexican that would have put money in this. Also black people investing in crypto kek my ftx doin a lil summin meme in real life.

Mr. ARKENCLAUSE?

>>52851964
do you think you could honestly say you would give even 1/100th of his skill?
no
in the first sentence of the first issue you'd have to tackle you'd go to google to understand what the fuck half the words are
that's why these guys get paid what they get paid
and if they don't know what to do, they don't go to google. they call their other elite buddies and ask. that's consulting.

>>52852010
>Believe the ceo!
You're a retarded spic.

>>52851968
SBF is talking too much and this money runs deep into politicians pockets. They cant trust SBF to keep his mouth shut under pressure.

>>52852027
>He thinks I believe smilin Ray
Nigger my point is that there is no way that retarded politician can say for sure anything about who was effected by this.

>>52852056
Cope.

lol what was that

bump, checking in while waging lads

>> It's my perogative to ensure that the US dollar remains the world reservere currency.

>> Also, why haven't you crypto people built things that matter?

>>52852018
There's no envy or jealousy from me. I understand market value.
I am thinking at this moment though, why couldn't a computer program, say an A.I. program, digest given facts, past precedent, and consult diverse databases of knowledge in a fraction of the time, free labor, to assist with investigation and litigation for a fraction of the cost and manpower?

>>52852097
american politics

>heckles the chairwoman just to ask like 3 questions that have already been answered
>yields the rest of his time
what an asshole lmao

>>52852104
>i want the US dollar to remain the reserve currency
>HEY NO YOU CAN'T HAVE USD-VALUED STABLECOINS PROLIFERATING WITHOUT OUR APPROVAL!!!

>>52852095
Phonepostin ass nigga

>>52852109
Pay me $2600/h and I can try to tune an ai to do that. No promise it will work but I will try my best

>>52850268
FDIC insures only $250k per account. What percentage of the banks total customer deposits is insured through FDIC? 10-20%? Even less?

Did the queen niggress almost deny massie a chance to ask questions?
>>52852104

Yea, who was that?

>That's all folks

>>52852125
Was that massie?

>>52852135
Retarded nigger.

>>52852104
He also praised DNA modification.

Yea, that got us a pandemic.

>>52852164
Jake Auchincloss

>>52850514

PLEASE RETURN THE MONEY TO THE INNOCENT /biz/!!

Where the fuck was the SEC in this shitshow, how can such blatant disregard for regulation and law even begin at such scale? No one audited them? Jesus Fucking Christ

Wait, were they really using Quick Books? Lmfo this can't be real.

>>52850595
guy made rockets that land themselves, seems pretty based imo. i would rather have ideas and act on them only to have them fail, than to have ideas and never attempt to make them come to fruition.

i guess that mindset is what separates the rich from the poor

>>52852698
holy shit he made a technology that existed since the 70s? amazen
next you tell me he discovered public transport or tunneling

IT'S OVER CRYPTOBROS
tomorrow Ryan from the OC is going to end crypto once and for all in front of the Senate. He says they're all securities and Gary needs to be in charge NOW to protect Americans

Anyone here?