Many people are now saying they "knew right away it was all a con" - probably including the person standing in the corner the day SBF was born. Not so many of them were saying it at the time.
The faster they took to twitter to tell everyone how they sniffed out a rat when they were offering to give him billions or were being offered billions - the less likely it is they "knew all along".
Dutch regulators and central bank officials have been calling it a con for years. And the Netherlands wrote the book on conjuring money out of thin air.
Ever wondered why all these crypto companies are in the Bahamas or Virgin Islands and not on the Zuidas in Amsterdam? The weather?
But you just can't beat the zeitgeist.
On HN, what happens when people point out "this is a con?" Downvotes, flags, warnings from the moderator, and (last but most) absurdist pushback from other commenters.
At the time, lots of people said something at the time. Later on, yeah, "nobody said anything at the time."
Anyone that's in crypto still is asking to loose it all. I don't know why, maybe it's getting their jimmies rustled, but I know that all the signs have been blaring for years now.
This would be more convincing if you could cite an article/comment along the lines of "SBF is gambling with depositors cash".
There is plenty of crypto is a scam that get upvoted, and piled on by the crypto is a scam crowd. Its almost a meme on hn at this point to get upvotes just write "crypto is a scam"
The faster they took to twitter to tell everyone how they sniffed out a rat when they were offering to give him billions or were being offered billions - the less likely it is they "knew all along".