Davidzmorris

@davidzmorris

334 Following

221 Followers

Davidzmorris pfp

Ahead of tonight's HBO documentary Money Electric, I revisited an old interview with the first person to float Len Sassaman as a #Satoshi Nakamoto candidate ... and spelled out why the theory can't be right. https://davidzmorris.substack.com/p/why-len-sassaman-was-not-satoshi

0 reply

0 recast

1 reaction

Davidzmorris pfp

Today at Dark Markets: a review summary of the excellent (and terrifying) new documentary about $BBBY by @jamesvjani, "The Cult of the Dead Stock." He found investors who act exactly like Jonestown cultists - as they're fleeced by a YouTuber. https://tinyurl.com/5n6n4rjv

0 reply

0 recast

0 reaction

Davidzmorris pfp

New at Dark Markets, from my SBF book: From crypto to AI, belief in the predictability of the future, the linearity of the human mind, and the reality of money lead to catastrophe. How engineers and math heads get blown up by "The Logic of the Code." https://tinyurl.com/ysj3pt29

0 reply

0 recast

1 reaction

Davidzmorris pfp

New today at Dark Markets: "How to Value a Crypto Token." The SBF book won't go deep into crypto tech, but crypto *valuations* are central to the story. This excerpt explains why blockspace has real value and speculative value, and how the two relate. https://tinyurl.com/34d27vva

0 reply

0 recast

1 reaction

Davidzmorris pfp

I can finally reveal the publisher of my upcoming book on Sam Bankman-Fried! "Stealing the Future: SBF and the Techno-Utopians" will be released in the fall of 2025 by Repeater Books. This is a huuuuuge deal - read on to learn about Repeater. But as I put it in the newsletter: HOLY FUCK. 🧵 https://tinyurl.com/4rhen3ty

1 reply

0 recast

1 reaction

Davidzmorris pfp

Today in Dark Markets, the newsletter of Financial True Crime: Gavin Newsom's caping for Artificial Intelligence is a Preview of the Worst Possbile Future. Also: How Craig Wright scammed his biggest victim; Friend.Tech is Audi 5000 https://tinyurl.com/ysexdk5t

1 reply

0 recast

1 reaction

Davidzmorris pfp

Finally able to announce the publisher of my book. I am staggeringly excited. It's truly life-changing news. https://davidzmorris.substack.com/p/meet-my-publisher

1 reply

0 recast

2 reactions

Davidzmorris pfp

Every Tuesday at Dark Markets, I publish a roundup of the week's wildest, funniest, darkest tales of financial fraud, startup crime, and general malfeasance. This week's highlights include a rare non-finance story: a major development in the story of Nicholas Rossi, an alleged double rapist who has spent years feigning an English accent and insisting that he is a British man named "Arthur Knight" in an attempt to avoid extradition back to Utah. Other updates on Bolt's insane new funding round, Elon Musks's catastrophic Twitter loans, new FTX campaign finance charges ... and even a little *good* news about Babylon's new Bitcoin restaking service. Please subscribe to Dark Markets, and share with fellow fans of bumbling con-men and delusional tech freaks! https://davidzmorris.substack.com/p/arthur-knight-has-fallen

0 reply

0 recast

1 reaction

Davidzmorris pfp

This weekend at Dark Markets, supporters got a sneak peek at the core argument of my forthcoming book on #SBF: "Techno-Rationalism and the Denial of Death." https://tinyurl.com/54mrkj2n The Utopian #tescreal axis is deeply motivated, in ways that most adherents can't recognize, by an anxious desire to resurrect tribalist mysticism, the afterlife, and a transcendental eschatology. But they lack the imagination and strength to face the infinity of God. So they remake God as merely a robot - an artificial intelligence, the product of man's own imputed Godhood, achieved through rationality and technology. This began with Ray Kurzweil, who was more self-aware about his motives than most who came after: He wanted to resurrect his father. 1/3

0 reply

0 recast

2 reactions

Davidzmorris pfp

I am beyond ecstatic to announce that I just signed a contract for my SBF book. Working title: "Stealing the Future: Sam Bankman-Fried and the Mind Crimes of Silicon Valley." Details later, but it's with an S-tier press whose books I've been reading my entire life. This is a book not just about Sam, but the entire network of enablers around him, the ideas that motivated him, and the culture that created him. There has been no reckoning for many of the most culpable apologists who cost honest people $8 billion dollars. This book will be at least a step towards correcting that. In my dreams, this is my version of Bethany McLean's "The Smartest Guys in the Room." Not gonna get there, but might as well fantasize. If you're interested in learning more, a lot of preliminary drafts and research essays are on Dark Markets: https://tinyurl.com/4m5bc76y Immense thanks to Dark Markets subscribers who have been a crucial source of support over the past year.

1 reply

1 recast

3 reactions

Davidzmorris pfp

New from me at the upstart cypherpunk publication The Rage: a rundown of the deeper issues at stake in the Roman Storm and Tornado Cash trial. These include potentially constitutional questions about the status of code and money as speech - an in turn, exactly how protected they are. https://www.therage.co/why-your-rights-are-at-stake-in-the-tornado-cash-trial/

1 reply

1 recast

4 reactions

Davidzmorris pfp

https://tinyurl.com/vr2a4vx5

0 reply

0 recast

1 reaction

Davidzmorris pfp

Just dropped https://tinyurl.com/ypuhru8b

0 reply

0 recast

2 reactions

Davidzmorris pfp

If I stole this joke from you, please reply and I will add credit. In one of the wildest Dark Markets news roundups ever, we dive into Jump's likely fraud culpability, the Synapse collapse, and the truly inexplicable goings-on at CertiK. https://tinyurl.com/m2su2rc2

0 reply

0 recast

2 reactions

Davidzmorris pfp

Sunday at Dark Markets, I tackled a thorny angle of the #tescreal critique: What exactly is so bad about Rationalism? After all, didn't rationality and Enlightenment create great abundance? But Rationalism isn't really about improving rationality. 🧵 https://tinyurl.com/55nmthun

0 reply

0 recast

0 reaction

Davidzmorris pfp

In this week's Sunday installment at Dark Markets, I explain why Rationalism as a movement shouldn't be confused with rationality as a tool. In the end, Rationalists aren't actually very rational at all. In one clear example, they don't seem to at all believe that marketplaces are good tools for social coordination. Instead, they seem to agree with their major funder Peter Thiel that "competition is for losers." Insulating themselves from competition in the marketplace of ideas is, of course, who they wound up being wildly incorrect about everything, advancing implicitly authoritarian ideas - and enabling the $8 billion #FTX fraud. #tescreal #aidoom #yudkowsky https://tinyurl.com/55nmthun

0 reply

1 recast

2 reactions

Davidzmorris pfp

On Sunday, Dark Markets subscribers got my rundown of new research tracing the connections from Sam Bankman-Fried and Effective Altruism to AI Doomers, Transhumanism, Longtermism ... and the roots of the "TESCREAL bundle" in racist Eugenics. https://davidzmorris.substack.com/p/what-is-tescrealism-mapping-the-cult

1 reply

0 recast

3 reactions

Davidzmorris pfp

New for Dark Markets supporters - a new entry in my series "Resurrecting Focus." Today we're talking about how to build a research agenda as part of motivating yourself to read more - and do truly deep work. https://davidzmorris.substack.com/p/how-to-read-with-a-pencil-resurrecting

0 reply

0 recast

1 reaction

Davidzmorris pfp

Coming later today at Dark Markets: How to Build a Research Agenda. Subscribe at http://darkmarkets.xyz

0 reply

1 recast

2 reactions

Davidzmorris pfp

Need a Sunday read? Try this freshly-unlocked Dark Markets dive into Barbara Fried's writing. SBF's mother argued that criminality is the result of circumstance, including upbringing. Then her own son became one of history's greatest criminals. #FTX https://tinyurl.com/yua5t8dr

0 reply

0 recast

2 reactions