I first heard about the federal-prison mackerel economy in a Wall Street Journal article back from when the WSJ actually did offbeat interesting reporting… Like 15-20 years ago?
Stackable, non-perishable, essentially (but not totally) zero consumption value… Better than bitcoin as a currency.
I’m not sure how I feel about the can of mackerel I have now 🤔
What is this article, haha?
It’s no surprise that the former trader would quickly catch on to the commodity of choice in his new environment. He has been a professional trader for much of his career. In 2013, he got his first intern gig at Jane Street Capital, swapping exchange-traded funds before cofounding his crypto-trading firm Alameda Research in 2017. A year later, he figured out how to arbitrage bitcoin between the US and Japanese markets.
Yes, with his lengthy four year career before getting into the scam business he was certainly a master of his craft, lol.
It feels like it originates with his publicist.
I fact checked the bit about mackerel and it sounds like everyone uses it in prison over there, so he’s just doing what all the other inmates do.
Whatever happened to chocolate.
I thought cigarettes were still the main currency.
Cigarettes are banned in the Federal prison system, and most other state prisons as far as I’m aware.
In all fairness, billions of dollars don’t lie lol
You’re unironically arguing that “might makes right” lmao get fucked techbro
He should license his face out to a canned fish company.
non-fungible tuna.
