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> Diminishing returns don't apply for SBF - his life's goal is to fund effective altruist charities, so each billion is as valuable as the last as long as there
by baobabKoodaa 4y ago
> Diminishing returns don't apply for SBF - his life's goal is to fund effective altruist charities, so each billion is as valuable as the last as long as there are good projects to fund.
Let's be honest: we don't know what his life goals are. He said that his goal is to fund charities, but that's a pretty common thing for wealthy people in the U.S. to say because saying so gives you a lot of social status at no cost. Very few people actually proceed with any plans of significant charitable donations.
- jefftk 4y agoWe don't know what his life goals were, but we do know that he was sending a huge amount of money via the FTX Future Fund, granting it to a wide range of projects. That whole team resigned yesterday: https://forum.effectivealtruism.org/posts/xafpj3on76uRDoBja/the-ftx-future-fund-team-has-resigned https://forum.effectivealtruism.org/posts/xafpj3on76uRDoBja/...
- baobabKoodaa 4y ago5 days later and now we know: https://cdn.vox-cdn.com/thumbor/3FuCAM_X4mREv2FJTnDv_QMmD6M=/0x0:1244x1074/920x0/filters:focal(0x0:1244x1074):format(webp):no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/24202642/Screen_Shot_2022_11_16_at_7.34.01_AM.png https://cdn.vox-cdn.com/thumbor/3FuCAM_X4mREv2FJTnDv_QMmD6M=... from: https://www.vox.com/future-perfect/23462333/sam-bankman-fried-ftx-cryptocurrency-effective-altruism-crypto-bahamas-philanthropy https://www.vox.com/future-perfect/23462333/sam-bankman-frie...