{"id":11731,"date":"2022-10-29T13:00:45","date_gmt":"2022-10-29T13:00:45","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/10\/29\/sbf-was-keen-on-investing-up-to-15-billion-in-twitter\/"},"modified":"2022-10-29T13:00:46","modified_gmt":"2022-10-29T13:00:46","slug":"sbf-was-keen-on-investing-up-to-15-billion-in-twitter","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/10\/29\/sbf-was-keen-on-investing-up-to-15-billion-in-twitter\/","title":{"rendered":"SBF Was Keen on Investing Up to $15 Billion in Twitter"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>\n<iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/ftx-chief-wanted-to-bring-blockchain-tech-to-twitter-musk-denied\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p>On Friday, October 28, the world\u2019s richest man Elon Musk efficiently <a href=\"https:\/\/coingape.com\/breaking-elon-musk-closes-twitter-deal\/\" target=\"_blank\" rel=\"noopener\">completed<\/a> his deal to purchase Twitter. Loads has been taking place in the area since with Musk <a href=\"https:\/\/coingape.com\/elon-musk-creates-content-moderation-council\/\" target=\"_blank\" rel=\"noopener\">announcing<\/a> some content material moderation plans and rather more.<\/p>\n<p>As per the newest particulars. Sam Bankman-Fried, chief of crypto change FTX had proven some early curiosity in investing in Twitter when Musk was buying an enormous stake round March this yr. As per a collection of Musk\u2019s personal texts made public throughout Twitter\u2019s lawsuit, the FTX chief had proven curiosity in implementing blockchain know-how on Twitter.<\/p>\n<p>Will MacAskill, a high advisor to Bankman-Fried, texted Musk on behalf of SBF. On March 29, he messaged Musk writing:<\/p>\n<blockquote>\n<p>\u201cI\u2019m not sure if this is what\u2019s on your mind, but my collaborator Sam Bankman-Fried has for a while been potentially interested in purchasing it and then making it better for the world.\u201d<\/p>\n<\/blockquote>\n<p>Interestingly, Musk responded again asking whether or not SBF had \u201chuge amounts of money?\u201d MacAskill responded by saying that SBF was price a staggering $24 billion at the moment and was keen to make investments wherever between $8 billion to $15 billion.<\/p>\n<h3>Musk and SBF\u2019s Exchange of Texts Over Twitter<\/h3>\n<p>In April, Musk exchanged just a few textual content messages with FTX chief Sam Bankman-Fried. Some of the highest executives from the crypto and the banking area obtained in contact with Musk explaining if he can get on widespread floor with SBF who had a grand imaginative and prescient on blockchain and social media integration.<\/p>\n<p>But Musk turned down the concept saying that he wasn\u2019t  in a \u201claborious blockchain debate\u201d with SBF. Speaking to Morgan Stanley banker Michael Grimes, Musk <a rel=\"nofollow noopener\" href=\"https:\/\/forkast.news\/sbf-wanted-to-join-elon-musk-twitter-deal\/\" target=\"_blank\">explained<\/a>:<\/p>\n<blockquote>\n<p>\u201cBlockchain Twitter isn\u2019t possible, as the bandwidth and latency requirements cannot be supported by a peer-to-peer network, unless those \u2018peers\u2019 are absolutely gigantic, thus defeating the purpose of a decentralized network\u201d.<\/p>\n<\/blockquote>\n<p>Many leaders have proven curiosity in constructing social media platforms on a blockchain platform. These leaders imagine that blockchain would assist democratize consumer knowledge. However, not sufficient work has occurred in this course to date.<\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA125437\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<p>\nBhushan is a FinTech fanatic and holds  aptitude in understanding monetary markets. His curiosity in economics and finance draw his consideration in direction of the brand new rising Blockchain Technology and Cryptocurrency markets. He is repeatedly in a studying course of and retains himself motivated by sharing his acquired data. In free time he reads thriller fictions novels and typically discover his culinary abilities.\n<\/p>\n<\/div>\n<div class=\"author_Image\">\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" src=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\"\/><\/noscript> <\/div>\n<\/div>\n<\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD125437\">\n<p> The offered content material could embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any duty to your private monetary loss.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/ftx-chief-wanted-to-bring-blockchain-tech-to-twitter-musk-denied\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] On Friday, October 28, the world\u2019s richest man Elon Musk efficiently completed his deal to purchase Twitter. Loads has been taking place in the area since with Musk announcing some content material moderation plans and rather more. As per the newest particulars. Sam Bankman-Fried, chief of crypto change FTX had proven some early curiosity [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[11],"tags":[65,2156,401,4979,120],"class_list":["post-11731","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-billion","tag-investing","tag-keen","tag-sbf","tag-twitter","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/11731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=11731"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/11731\/revisions"}],"predecessor-version":[{"id":11732,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/11731\/revisions\/11732"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/11733"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=11731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=11731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=11731"}],"curies":[{"name":"wp","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