With no access to crypto, disgraced FTX founder Sam Bankman-Fried is now trading fish to pay for services in prison::Sam Bankman-Fried is now using mackerel fish as a means of exchange with other prisoners.
Anything but fiat, eh Sam?
There is a book about extreme economies. The author discusses it here: https://www.econtalk.org/richard-davies-on-extreme-economies/
They go through how the mackerel as money came about. Also, that expired mackerel, i.e. fiat, have their own lower exchange rate.
Take this🏅
Bernie Madoff cornered the market for Swiss Miss hot chocolate while in prison.
How does this work? The article mentioned the there is a limit of 8 per prisoner yet he was able to stockpile the whole supply. And they write articles about which implies the whole prison knows.
Why is this still ongoing, how is it allowed? This mofo still able to be a currupt capitalist even in hell.
Here is the deal. If you give me two fish now I’ll give you four fish in a month, trust me there is no catch just fish.
On an unrelated note do you perchance know other wise investors like yourself that want to multiply there fish portfolio?
Buy Fi$hcoin. You heard it here first folks. YOLO!!
The first PoF-based coin (Proof of Fishing).
Because or oceans aren’t being destroyed fast enough!
If the proof requires the
minerfisher to post a picture of themselves holding the catch, it can double as an NFT!
I prefer Non-Fish Tokens.
“It didn’t take long for former crypto-billionaire Sam Bankman-Fried to learn the economic system of New York’s Metropolitan Detention Center.
On Thursday, the Wall Street Journal reported that SBF paid for a haircut with packaged mackerel, a type of pelagic fish that is a choice of currency among inmates.
The fish, popularly referred to as “macks” among inmates, has been the choice of currency in federal prisons since 2004, after cigarettes were banned, the Wall Street Journal previously reported”.
Look at Sammy Big Macks over here.
So Hairy Plotter goes from Vegan to Fish sales man
sardine blockchain
What services? For how many fish? This article just raised more questions than answers
And where does one just suddenly come up with mackerel in prison? Is this just a prison thing, here’s your cleaned orange jumpsuit, 3 cigarettes for the day and a flat of mackerel?
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They likely sell tins of it in commissary.
Mackerel? Is the prison cooking scene in Goodfellas just the norm?
i wouldn’t trust anyone with that tree-like haircut…
Broccoli 🥦🥦🥦
haha
Something’s fishy! 🤣
I get that it’s replaced cigs as the currency but my question I guess is… Why mackerel? You can’t just store multiple mackerel over time because it’ll just go off
