November 25, 2022

Roko’s Modern Basilisk: the FTX Story feat. Molly White

This week’s bonus features the enormously knowledgeable Molly White (@molly0xFFF) explaining the Sam Bankman-Fried polycule, the collapse of crypto hub FTX, and so much more to Riley and Alice. We very much hope you enjoy this.

Check out Molly’s blog Web3 Is Going Just Great here: https://web3isgoinggreat.com

And check out her newsletter here:  https://newsletter.mollywhite.net

Comments (22)

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Oliver Cant · December 1, 2022

Blasting "Powerhouse (Part 2)" as an elaborate machine guides my 50p, Rube Goldberg style through a series of increasingly baffling processes to ultimately produce nothing. Also, it's good to know I'm not the only one who thinks Roko's Basilisk is fucking stupid. The moment I heard it, I knew on some level it was bullshit and deserves to be mocked.

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Andrew Davis · November 29, 2022

Real Bloomberg heads know that Matt Levine (author of their daily email) actually thought more highly of Mr. Bankrun Fraud after that infamous gaffe on Odd Lots about yield farming. It's OK to describe a Ponzi scheme as long as you don't describe it enthusiastically, you see.

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William Bell · November 28, 2022

Molly is a great contributor, she has been right for longer than crypto has been above 10k. What I liked about Joe Weisenthal's approach was that he gave them enough oxygen to think that appearing on his show would help them. And then allowed them to come on his show and demonstrate their own hucksterist insanity which destroyed them. It would be great to get Molly on to talk about CZ and his "bailout fund" whereby he gets unscrupulous crypto marketers to bare all to him before shorting their holdings and sending them into bankruptcy anyway. He will be the last one standing as Bitcoin reaches $200; saluted by us all for doing his duty and taking crypto down.

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Martin · November 28, 2022

I bet you could get SBF on TF

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Andrew Davis · November 29, 2022

Would be up there with the Caroline Calloway episode of Balthasar Speedboat.

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etienne · November 26, 2022

I've been hugely amused by Odd Lot's coverage of this story. You can tell the main guy wants to hate crypto so bad but can't fully commit because he would annoy some important people, but then he has egg all over his face right now because he had this Bankrun-Fraud guy on a couple times, and just nodded along as he was getting told that crypto is just a ponzi. the tragic story of a guy who can't understand something because his paycheck depends on it

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It’s a Lads, Lads, Lads Cast World (British) · November 26, 2022

“In the dying moments of this podcast” - 28 minutes remaining in the podcast. Bless Riley and his desire to have one-hour shows

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Login · November 26, 2022

she roko on my basilisk until i ai

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Jö · November 26, 2022

So much to say about this tweet from Vitalik Buterin, the Etherium guy: “Automatically downgrading every single thing SBF believed in is an error. It's important to actually think and figure out which things contributed to the fraud and which things didn't. “Don't be the guy who would have tried to cancel vegetarianism in 1945.”

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Jö · November 26, 2022

Roko’s Basilisk is just a shitty sci fi reboot of Pascal’s Wager

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Rxk Lenderman · November 26, 2022

Never forget when Elon Musk and Grimes claimed to have met over a Roko’s Basilisk joke but then preceded to not be able to properly explain what that might be

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@neapel · November 26, 2022

Is there a link to the Between the Bridges show on 6 December? Can’t find it here https://betweenthebridges.co.uk/whats-on/

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James Cézanne-Taipale · November 26, 2022

If it’s Pythagorean then tell me where the bronze boots are?!

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Do Golems Dream of Ceramic Sheep · November 26, 2022

If it's Pythagorean, tell me where their Hipassus¹ is buried [1] The guy Pythagorus murdered for proving that irrational numbers existed.

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GOOBER · November 26, 2022

TF and boonta should do an ep on Bartercard

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The MILF Formerly Known as Tzippi · November 25, 2022

I feel like Nick Adams is a joke that I've missed the setup for.

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ZombieDwarf · November 25, 2022

Riley is the only person who can remember anything about Avatar beyond 'it was in 3D'.

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Jake · November 28, 2022

I remember that the blue people on the planet controlled the animals they rode by raping them.

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Do Golems Dream of Ceramic Sheep · November 25, 2022

Which reminds me, are we sure Jan Marsalek can do a handstand? Did anyone ever see him do it? l'm starting to not trust investors/financial press to check the "l'm so special" claims of their Wunderkinder.

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#1 Caleb Foster Fan · November 25, 2022

Nice to have you Brits giving us Americans content over Thanksgiving when all the pods have gone dark.

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August1612 · November 25, 2022

i have been rewarded for staying up til 2am playing Minecraft with a new trashfuture episode to listen to, living the good life folks

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Malik Chaney · November 25, 2022

Along with the of course valid pointing out of the murder of untold thousands of South Asian guest workers to tickle the vanity of the Qatari royal family, it also shouldn't be forgotten the role that al-Jazeera has played in the past 2 and a half decades in inciting sectarian hatred throughout the arabic-speaking Muslim world.