Nootropics

Nootropics, it's a flashy word for performance (mentally and physically) enhancing substances within the legal boundaries (or not). Now, recent revelations have shown that Sam Bankman-Fried has been using a wide range of "nootropics" during the last few years. And he was not alone, some of the staff did use amphetamines too. Caroline Ellison, CEO of Alameda Research, the partner of FTX, who had an immediate influence in the collapse of FTX tweeted about her regular amphetamine use. And even said "Non-medicated life seems dumb". A picture the tweet down below. This is just insane to read all of this. And it shows how nuts this entire thing is. How in heaven's name did this firm get to its status with such unprofessional behaviour? Because there is more.

League of Legends

This story sounds to insane to be true, but it actually is true. And this really blows me away. A few years back, when Sam Bankman-Fried was trying to find investors for his FTX platform, he was playing League of Legens online during his pitch... I kid you not! And this was even applauded by some of those investors. Say what? What a load of crap. Investors that lost money to this FTX collapse should be mad at them selves for investing into this "Whizzkid". Because what a lack of professionalism doesn't that show. It is too nuts to say out loud. Investors really invested because of that pitch. That is unprofessionalism from both ways. And well... karma is a bitch.

Time for the real deal now

After reading all of this, I really think it is time we play the game seriously. No more fucking around, these kind of stories should be part of the past, and the professional, well prepared firms should be rewarded. And even more, we should be doing more due diligence and check out what is happening at all of these businesses that are popping up and collecting millions of dollars, like they are picking up trash from the streets. It's not because it is crypto that is not money. To the contrary, it is the money of the future. And it should be dealt with, with the necessary safety precautions, and especially a decent plan!

Please, no more SBF's and FTX's, it's time for real business!

Sincerely,

Pele23

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