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A comment on FTX group companies commence voluntary chapter 11 proceedings. Parent comment

Re:FTX group companies commence voluntary chapter 11 proceed... by sillysaurusx on Friday November 11, 2022 @10:14AM (#33561800)
It’s not really sympathy though. From a game theory perspective, what benefit did he get from saying FTX US wouldn’t be impacted?

It seems like there was negative benefit: not only did it accomplish nothing in practice, but it couldn’t have helped even theoretically.

So when someone does something like that, I can’t help but speculate.

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Re:FTX group companies commence voluntary chapter 11 proceed... by ethanbond on Friday November 11, 2022 @10:23AM (#33561917)
More time to get his and his friends' money out?
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Re:FTX group companies commence voluntary chapter 11 proceed... by sillysaurusx on Friday November 11, 2022 @10:36AM (#33562101)
Oh, good point. Thanks!
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Re:FTX group companies commence voluntary chapter 11 proceed... by ahelwer on Friday November 11, 2022 @10:18AM (#33561854)
It kept some number of people from withdrawing their funds from FTX US yesterday, leaving more money in the pot to return to other stakeholders. This has nothing to do with game theory, what would that even mean!?
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Re:FTX group companies commence voluntary chapter 11 proceed... by shigawire on Friday November 11, 2022 @10:50PM (#33569773)
It's like saying modulo or orthogonal - people just parrot these words on HackerNews
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Re:FTX group companies commence voluntary chapter 11 proceed... by yunohn on Friday November 11, 2022 @11:38AM (#33562961)
Ah yes, yet another “game theory” perspective. Seriously, what is it with crypto enthusiasts and making everything about game theory? What does it even mean in reality?
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Re:FTX group companies commence voluntary chapter 11 proceed... by bigDinosaur on Friday November 11, 2022 @09:23PM (#33569364)
It's a way of ignoring basic fundamentals and construing any move by anyone the way you want it because of 'rationality' as opposed to actual evidence or the most obvious reason.
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Re:FTX group companies commence voluntary chapter 11 proceed... by mrguyorama on Friday November 11, 2022 @12:14PM (#33563534)
Stop assuming rich people are rational
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