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Well he was into EA when he was a nobody at University… I doubt that it was all for show. Generally, in public downfalls like this, people over ascribe the cau

by Gatsky 4y ago

Well he was into EA when he was a nobody at University… I doubt that it was all for show. Generally, in public downfalls like this, people over ascribe the causes to moral turpitude. There aren’t enough details here to say either way yet. There is a good book about this sort of thing Mistakes were made (but not by me). [1] I think the blog post is very good, providing a unique perspective, and wonderfully written. [1] https://www.amazon.com/Mistakes-Were-Made-But-Not/dp/1491514132/ https://www.amazon.com/Mistakes-Were-Made-But-Not/dp/1491514...

jasonwatkinspdx 4y ago
No, EA's cultish aspects played a huge role in this. SBF got his start in crypto doing arbitrage with Japan, because setting up a trading account in Japan was hard. He got someone to do it through the EA community. Most of the people who are in positions of power in his companies came from the EA community. And no joke a bunch of them are all in romantic relationships with each other too. You've got the CEO of his trading firm, who SBF dated, posting on tumblr about how poly relationships should be a vicious power struggle to get to the top. I think you're way underestimating just how weird and cultish this whole clique is, and how moral criticism is actually valid here as the ideology is in a central role. These people cast themselves as noble heros making the world better in the net, when in reality they're total nepotistic weirdos.
- user_named 4y ago
  - jasonwatkinspdx 4y ago
    Yeah, I think we can criticize the stupid here without crossing that line.
- Gatsky 4y ago
  My comment was about how there is often more to the story than a simple bad guy narrative when someone acts in reprehensible ways. You seem to be saying the same thing, so I agree with the sentiment. As to the role that EA played in it, I don’t know enough to say, and you don’t provide any sources. My point was that I don’t think he was pretending to be an EAist.
- oldgradstudent 4y ago
  To be in a cult you only need to spew their Shibboleth, you don't need to actually believe it. Seems that he always benefited from membership in the cult.

by Gatsky 4y ago

jasonwatkinspdx 4y ago

No, EA's cultish aspects played a huge role in this. SBF got his start in crypto doing arbitrage with Japan, because setting up a trading account in Japan was hard. He got someone to do it through the EA community. Most of the people who are in positions of power in his companies came from the EA community. And no joke a bunch of them are all in romantic relationships with each other too. You've got the CEO of his trading firm, who SBF dated, posting on tumblr about how poly relationships should be a vicious power struggle to get to the top. I think you're way underestimating just how weird and cultish this whole clique is, and how moral criticism is actually valid here as the ideology is in a central role. These people cast themselves as noble heros making the world better in the net, when in reality they're total nepotistic weirdos.

user_named 4y ago
- jasonwatkinspdx 4y ago
  Yeah, I think we can criticize the stupid here without crossing that line.
Gatsky 4y ago
My comment was about how there is often more to the story than a simple bad guy narrative when someone acts in reprehensible ways. You seem to be saying the same thing, so I agree with the sentiment. As to the role that EA played in it, I don’t know enough to say, and you don’t provide any sources. My point was that I don’t think he was pretending to be an EAist.
oldgradstudent 4y ago
To be in a cult you only need to spew their Shibboleth, you don't need to actually believe it. Seems that he always benefited from membership in the cult.