A slight clarification: Binance owned a 15% stake in FTX and sold it back to FTX for FTT.

Which seems like a worse decision, not a better one.

There is fond (which can also burn) and then there is charred debris. The former adds umami, the latter tastes like cigar ash.

All I could think as I read his statement:

“ Mr. Madison, what you’ve just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.”

And if you can’t blind them with your brilliance, baffle them with your bullshit

He's talking to politicians, and a golden rule is: never try to bullshit a bullshitter.

The frustrating thing is that if the police even occasionally stung bike thieves, theft would likely decrease disproportionately. Something about not having total impunity…

They do that in NL, google 'lokfiets'. In NL stealing a bike puts you at roughly the same level as a horse thief in the Wild West. We just don't hang them from trees. Unfortunately here too the police is often too busy with more important work to go after stolen bikes but since the really bad days (the 80's) bike theft here has definitely gone down. I still wouldn't leave a high value bike (say a newish e-bike or a nice racer) out of my sight though.

Just look at Singapore.

Or, closer to home, examine theft rates in cities which recently raised the grand larceny threshold (looking at you Oregon and Washington…) and the explosion of misdemeanor theft. My employer (a fortune 100 retailer) is actively exploring breaking leases as shrink rates have approached 50% in some locations.

It’s doubly strange when you realize there’s basically a single species of banana that we all eat.

Fairly sure all cultivars are the same species. And I dunno about you but I regular see Lady Fingers and Plantains and not occasionally Red bananas at markets here along with the ubiquitous Cavendish, so they obviously are eaten (I've had cooked Plantain in south American dishes a fair bit, but not recently). But it's probably true that most fruits are more heavily dominated by a single cultivar than apples, and there's rarely more than 2 or 3 alternatives readily available. Esp. berries - can't think of when I saw multiple options for blueberries or blackberries and even for strawberries it's rare to have much choice.

One note - CZ has withdrawn its offer to purchase FTX

Alternatively FTX was confident they could make the purchase given time, but did not have the funds on hand.

Moreover, you are assuming no one else decides to sell based… one could argue publicizing their plans was meant to encourage just that…

I’m not saying whatever that is is a great invention but

Alternating current… Computers… Smartphones… The internet…

I think you are mistaking 'waiting for technology/infrastructure to mature enough to make them accessible to everyone' with 'technology that people don't know how to do something useful with'.