Let's talk about Number Go Up with Zeke Faux - Episode 127
ฝัง
- เผยแพร่เมื่อ 11 ก.ย. 2023
- Cas Piancey and @bennettftomlin interview Zeke Faux to discuss Tether, FTX, Bored Apes, and his new book Number Go Up.
This video was recorded on August 25th, 2023.
Read more:
Additional episodes mentioned in this episode:
TH-cam playlist of episodes about Bitfinex and Tether
• Tether and Bitfinex
TH-cam playlist of episodes about FTX, Alameda Research, and Sam Bankman-Fried
• FTX, Alameda Research,...
TH-cam playlist of episodes about Bitcoin in El Salvador
• El Salvador
Episode 79 - Celsius Collapse: Causes, Concern, and Catastrophe (Feat. Dirty Bubble Media)
• Celsius Collapsing: Ca...
Episode 85 - Celsius Network: A Pyramid of Ponzis
• A Pyramid of Ponzis: C...
Episode 94 - A Tale of Two Ponzis: Celsius and Luna, Alex Mashinsky and Do Kwon
• A Tale of Two Ponzis: ...
Episode 71 - Terra, Luna, and Algorithmic Stablecoins
• Terra, Luna, and Algor...
Episode 72 - We Never Want to Discuss Terra and Luna Again…and yet
• Luna and Terra are Cra...
Episode 42 - Elizabeth Holmes, Theranos, and the Future of VC (Feat. Elizabeth Lopatto)
• Elizabeth Holmes, Ther...
Episode 113 - SEC sues Justin Sun, Coinbase, Celebrities; also Do Kwon Arrested
• SEC sues Justin Sun, C...
Additional resources:
Number Go Up
a.co/d/g1JDnFj
"Where are Tether's Billions?": Article by Zeke Faux
www.bloomberg.com/news/featur...
Other places to find Crypto Critics' Corner
Website: cryptocriticscorner.com/
Discord: / discord
Bluesky: bsky.app/profile/cryptocritic...
Mastodon: mstdn.social/@CryptoCriticPod
Twitter: / cryptocriticpod
Instagram: / cryptocriticpod
TikTok: vm.tiktok.com/TTPdPN2hK9/
Bennett's TH-cam: @bennettftomlin
Bennett's D&D TH-cam: @BTDND
Bennett's BlueSky: bsky.app/profile/bft.wtf
Cas' BlueSky: bsky.app/profile/caspiancey.b...
Bennett's Mastodon: mstdn.social/@bennetttomlin
Bennett's Twitter: / bennetttomlin
Cas' Twitter: / caspiancey
Bennett's Newsletter: TheFUDLetter.com/
Cas' Blog: / thecaspiancey
Bennett's Blog: bennettftomlin.com/
Timestamps:
#crypto #cryptocurrency #podcasts #listenable #tether #numbergoup #usdt #ftx #alamedaresearch #bayc #boredape #boredapes #boredapeyachtclub
I worked on a recruitment package once for "forensic accounting/auditing" as a specialty role in my region's government. I loved that project bc I didn't have to fake my enthusiasm; I was genuinely excited by the career the more I found out about it & I couldn't believe it was so under-recognized that anyone who I meet who's looking to switch careers or has or is a kid who wants to do good, likes solving mysteries + puzzles, & is talented in math, language, ethics, & problem-solving now gets my mini presentation "Have you considered forensic accounting/auditing?".
Forensic Accounting is super interesting with exciting projects (esp. when someone is interested in frauds) but one would also need strong audit experience - at least in my country.
@@mmcat2863 I'd love to see it more in popular culture --- why isn't there a financial show that's like a Columbo-Type auditor?
It was awhile ago but it was a discipline taught at Masters + above at my local university, but you could undergrad a few different ways -- math/stats, accounting, even some ethics paths. I got the impression the audit courses started in undergrad final year but were a major focus for the remainder. I imagine it's a whole field of technicians + specialists. My scope was limited, although I tried to learn as much as possible before starting the materials. I wish I'd taken auditing courses.
But yeah, I get really struck by how many amazing careers are out there that never come up in aptitude or school counselling. It's on my mind bc a lot of my friends' kids are the age of trying for real to imagine adulthood that still honours who they are, & people bitch about teenagers but all my friends' kids are very personable thoughtful interesting young people & I want to preserve as much of that as possible. They're so under-served by people supposedly guiding them & I kinda think that the call of scams + crypto + sudden alpha wealth is more seductive if you feel that any actual career available to you is destructive/exploitative regardless or a path to being trapped in poverty. Inequality warps so much of our perceptions.
Don't you need a law/econ/accounting degree for such a job?
@@bogdanlevi degree and/or background in accounting
@@bogdanlevi
Yes. One definition of forensic accounting is "accountancy with `materiality' of zero." Materiallity is the amount of money you consider 'important.' IBM, for instance, when I was an auditor, was US$15,000. That meant when you did an audit you didn't care about any number plus or minus fifteen thou.A company that big, you're not looking for the odd printer that goes astray, you care about whether or not the headquarters of some bunch of rogue wierdies are controlling Country X.
Back in the day, by contrast, there used to be a whole lot of scams centering on the odd fractions of ollars and even pennies that turn up all over commerce. A number of people went ot jail when one of the then Big Four firms audited a Canadian bank down to the hundredth of a penny -- or in fact any atomic squiblet at all. People were programming computers not to send 4/10ths of a penny out and 5~9/10ths in: all the odd tenths got sent to maybe Grand Bahama...
Zeke’s book Number Go Up is the best. He is a great story teller. I’ve listened on audible about theee times bc I listen at night and while driving … super great. It is many divergent and intertwined stories within the wild crypto world.
I don’t know what it is but Zeke’s voice is hypnotic
All 3 of these dudes could do a "Scary Stories Of Chain Tech* ASMR Bedtime edition" that I'd happily go under to.
* extra points if they rattle ghostly chains SFX when they talk bit-chain.
I love the side by side shots where you just see Bennet laughing to himself
I also love those 😂😂
Love Zeke's rear wall
Been waiting for some to mention it!
Thanks for saving me from the boredom of working in Canadian healthcare
Thanks for working in Canadian healthcare. I wish it wasn't a grind.
Get Giancarlo Devasini as example, change your boring health area career and put a crypto enterprise 😜
Same here! Boring Canadian health care work-from-home job!
Thanks for your work. As a fellow Canadian, please appreciate the Montreal Expos baseball cap that Cas is wearing.
I am honestly so glad I watched this podcast before reading his book because knowing what Zeke's speaking voice sounds like made the book 100x more entertaining
Shame they hired an actor for the audiobook
Great book! Highly recommend
Cheers! Keep fighting the good fight!!!
My copy is ordered and on it's way!
56:00 Keep in mind that cases against MLM, began in the SEVENTIES, some say that it was believed the business would kill itself.... We sre still saddled with it TODAY....
Very good point. The MLMs even point to those cases to legitimize themselves.
@@picahudsoniaunflocked5426 , yes, it was a double whammy, when AMWAY went on trial they followed two large MLMs (Holiday Magic and Coscot Interplanetary) that had been prosecuted with the SAME EVIDENCE.... You have THREE IDENTICAL CASES , two were prosecuted and one left alone, all behaving the same way.... This gave Amway a monopoly of large MLM activity....
Now MLM runs on the AMWAY blueprint.... MLMs who get in trouble say "we are like AMWAY" 40 years later....
@benjaminaristotleboes3157 You got a point. Amway has been around for 40 years and it's very depressing. However, I think we have hope because we have internet today. Everyday, more and more scams are exposed on the internet. Anti-MLM movement is also thriving and rising nowadays. I hope the easy-access information on the internet would help to shorten the life span of these scams.
Zeke is amazing, thanks for interviewing him
I just want to acknowledge Cas's Expos ball cap
Once more a very amusing and telling podcast on a completely ludicrous era.
major props to zeke for forking out 20 grand on a BAYC that was really interesting and kinda hilarious
Um props to his loving understanding wife, too.
thank you nikki!@@picahudsoniaunflocked5426
@@picahudsoniaunflocked5426 he managed to sell it and only lose a few grand. also his delay meant he didn't have to fork over 36k
good episode gents
Bizarre phenomenon, the crypto fun. I would never invest in it, I listened to coffee Zila‘s report on Alex, Miss Mushinski in Celsius, and I kind of didn’t feel sorry for the regular people that invested. I didn’t because they’re saying I can’t put my kid in college now I can’t buy a home now. We can’t move but it’s like you’re dealing with an unregulated business. What did you expect. I like Zeke’s conclusion that in the end it’s just this long number letter combination running across the screen in a courtroom that’s all it was when it started and that’s all it is now it doesn’t have real world utility.
Endlessly entertaining episode! Even the names of the Tether founders/executives sound made up and fake. Undoubtedly, the next chapter of McKays “extraordinary popular delusions” has been written.
I mean at least you got a tulip if you speculated on bulbs...
Have been a regular listen to CCC since it started. And was following Bennet, David Gerard, Cas before that.
It's come on so much in terms of production. If Bennet ever needs work then he should narrate audiobooks. Don't know what part of the States the accent is from, but it's dulcet.
As a physician I can tell you Mr Devasini was at most a plastic surgery resident but not yet a plastic surgeon, eg he wouldnt have been able to operate and have a praxis on his own. Im basing that on the fact that he graduated medical school 1990 and gave up surgery 1992. He cites desillusionment and the exploitation of a whim as reasons to stop. If that is true, I wonder why he didnt focus on reconstructive surgery. I guess the plastic surgery field wasn't lucrative enough.
Clicked this video after watching the Patrick Boyle interview - great stuff!
When a person says they don't care about money while being extremely wealthy, it's true. Do you care about a hammer? When you see money like you would a hammer it enables you to use it as intended. Money for most people comes with automatic baggage. It's fascinating to see how people conflict one persons statement about money with their own emotional response.
they lie. now they are poor and not paying lawyers matters to them.
Altruistic statements without actions seem to be a common occurrence in crypto world. SBF also often talked about how he wanted to be ultra-rich to eradicate poverty. In reality, he hardly spent a dime for charity while being one of the richest people in the world for the last few years.
@@tiararoxeanne1318 his wealth was fake
23:25 World of Warcraft gold farmers was mentioned in a Cory Doctorow book
I swear to god, Google knows too much about me for me doing my best not to share anything with them.
I literally just started listening to the audio book version of Zeke's book one and a half hours ago using a non-Google audiobook player, on a phone that's logged in to an account different from this one. I go to the bathroom and fire up TH-cam on my phone, and this video is what is suggested. And I have never been to this channel before.
The internet. Krusty wants out! 😭
This is the best one you guys have done
Glad you enjoyed it!
At 46:50 Zeke says "Can't say that I was always able to..." (...cut through all the bs.)
Perhaps the world's first and only truth. Well said, Zeke Faux!
Lemme see now, "to zeke" is a verb meaning to cut through the false?
Jan Ludividicus Vanderveld... I'm sorry no, thats not a real person, thats not a real name, that's a vampire in a twilight knockoff
*Ludovicus Jan (Jean-Louis) van der Velde
(still a perfectly cromulent name)
@@phillip5245 oh, FRENCH, that explains a lot :p
@harlander-harpy he’s a Dutchman
@@CryptoCriticPod EVEN WORSE 🤣
ordered Mr. Faux's book.
I don't think you can be a surgeon at 25 years old. There is simply not enough time to get a degree and do a couple of years of tenureship to get the specialization as a surgeon and finish all of this before 25.
Thought the same thing. Like everything coming out of this person’s mouth probably just a lie.
It’s definitely questionable. A medical degree in Italy takes 6 years (after high school) and plastic surgery specialization takes 5 years. Unless he graduated high school at 14, his timeline wouldn’t work. He might have quit mid specialization but he wouldn’t be a plastic surgeon.
Nope the average US surgeon is in their mid 30’s. 4 yrs undergrad degree, 4 yrs medical school, then a surgical residency and fellowship. So 12-15yrs depending upon the type of surgeon you are. My friend is a cardiac neo natal/pediatric surgeon. He operates on the hearts of babies in the womb. His training took at least 15yrs.
Probably he bought his degree and license illegally, then had to leave the profession before getting caught. That makes more sense. I mean, the key people in crypto world in general could be classified into 2 groups: dumb young people or shady older ones. The older people seem to be experienced crooks and fraudsters. Crypto is definitely not their first (shady) rodeo.
The requirements to be a plastic surgeon are very very low. You can find videos about botched plastic surgeries that explain this as the reason for the botched surgeries.
Zeke's book is really good, I just finished reading it.
❤
Where can this be bought, any link with referral code
There’s a link (with no affiliate code) in the description
Excellent interview. Thank you.
y’all didn’t have to do that to taco bell
Book's name sounds familiar ;)
There is an excellent video on TH-cam titled Line Goes Up
@@glynisfaide1179 yes that was what I was alluding to.
For the record: the phrase “Number go up” as a crypto meme pre-dates Dan Olson’s video by several years
Not f bombs in this podcast but the ones in the SBF podcasts.
BENNETT IS SIX FOOT THREE????
Nah, it was a Trump joke
@@CryptoCriticPod damn i really ate that onion
@@CryptoCriticPod The best jokes have to be explained🤭
He’s like a mother crow who has flown off and found the worm and chewed it up, half digest it and all the baby crow has to do is keep their mouth open. Like Cryptos corner usually is.
HarryPotterObamaSonic10Inu😅
With ARKHAM you can see that Snoop didn't sold its ape either. Seriously its so helpful to track wallet with that🤫
I just found the Snoop song.... SIXTEEN MINUTES
th-cam.com/video/IxG3lG1vh-0/w-d-xo.htmlsi=Ehk0tku2H_astHj1
Right here on TH-cam....
The song or the search was 16min???!?!
@@picahudsoniaunflocked5426 , the song..... I think it's a loop though but it's REALLY really REALLY hard to listen to ....
the song wasn't that long, but it was a real song! did he release it anywhere? i couldn't believe it live@@benjaminaristotleboes3157
Just in case Zeke reads this, how many of the victims were habitual drug users? My theory is most of the people who bought nfts/cryptos used a lot of marijuana.
Mark collins rector😮... an open secret?
30:48 - unless the guy was Dougie Howzer reborn, he could have barely qualified by 26, let alone have a plastic surgery ‘career’
FT article says born in 1964 trained as a doctor at the University of Milan. quit the profession just two years out of university in 1992
Giancarlo Devasini has quite a sordid history and things don't match up when you investigate him.
My friends Facebook account just got hacked, the hacker is trying to hock crypto to me....
I know Cas had asked us to look for this....
Em n em clearly has a hard political bias ...
the misunderstanding of HOW crypto works toward the end really ground my gears
otherwise a fantastic episode as usual
"sending 20k to this little fox icon" no mf you're sending it to yourself, self custody, its yours. you can use a different wallet front end if you dont like metamask jfc.
Stfu literally no one cares
Move to zuzalu buddy
I am listening to Number go Up on Audible as I drive to and from work at the mom. It is a brilliant book. Totally recommend!
Have fun staying poor
which is why a lot of nft bros died from endorphin rush due to becoming poor
Too many f-bombs. You guys are better and more professional than that. Just a tĥought......😊
No we fucking aren’t
@@CryptoCriticPod Well we still love you! ❤️