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Who else is having a hard time thinking the worst of this guy? I seriously want to think he was not a fraud. But the more I learn about ftx, the more I realize

Who else is having a hard time thinking the worst of this guy? I seriously want to think he was not a fraud. But the more I learn about ftx, the more I realize they strayed far from their mission of world philanthropy.

bordercases 4y ago
It was a scam in the first place. Please stop giving scammers more moral sympathy than they are due. It sustains their existence.
frupert52 4y ago
I would caution everyone to be extremely wary of anyone who actively promulgates the idea that they themselves are virtuous, selfless or altruistic. I cannot think of any genuinely good reason someone would want do this. Instead, when it comes to these kinds of traits they should only be considered as possibilities after observing what a person does rather than what they say. Actions rather than words. If they are using words good chance they are forgoing the actions. Otherwise why would they need to be telling you what they are?
deleted 4y ago
[deleted]
AccountAccount1 4y ago
No-one else. This guy is one of the greatest pieces of shit to ever walk the earth; just imagine the sheer panic of one user being unable to withdraw their funds in FTX, then multiply that by a thousand.
- AccountAccount1 4y ago
  Not to even mention all of their investors (including teacher's pension funds for example) who have already marked their investment to 0.
  - bmitc 4y ago
    I couldn’t care less about any of the investors. They have little to blame but themselves. Someone else mentioned that the teacher’s pension fund could even be bailed about with tax money. So in the end, it’s lower and middle class people that pay for all these mistakes and fraud.
    - nashashmi 4y ago
      And the whole ecosystem gets overwhelmed with greater doubt on the major players.
FileSorter 4y ago
Everyone in the industry knew this guy was a rat long before this implosion. https://rekt.news/ftx-yikes/ https://rekt.news/ftx-yikes/ https://twitter.com/lightcrypto/status/1302559496309485568 https://twitter.com/lightcrypto/status/1302559496309485568
steve_adams_86 4y ago
It is genuinely perplexing to me that anyone believed SBF. Nothing has ever added up, and frankly he gives off very strange vibes. The entire thing was so unsettling. I suppose my concern though is that Will MacAskill was knowingly involved in this garbage. I didn’t realize how close he was to SBF or for how long. Now that I know, I have a creeping suspicious that he could be implicated in this. His organization received significant funds from SBF. Like you, I’d like to believe will isn’t hypocritical jackass and that EA genuinely matters to him.

bordercases 4y ago

It was a scam in the first place. Please stop giving scammers more moral sympathy than they are due. It sustains their existence.

frupert52 4y ago

I would caution everyone to be extremely wary of anyone who actively promulgates the idea that they themselves are virtuous, selfless or altruistic. I cannot think of any genuinely good reason someone would want do this. Instead, when it comes to these kinds of traits they should only be considered as possibilities after observing what a person does rather than what they say. Actions rather than words. If they are using words good chance they are forgoing the actions. Otherwise why would they need to be telling you what they are?

deleted 4y ago

[deleted]

AccountAccount1 4y ago

No-one else. This guy is one of the greatest pieces of shit to ever walk the earth; just imagine the sheer panic of one user being unable to withdraw their funds in FTX, then multiply that by a thousand.

AccountAccount1 4y ago
Not to even mention all of their investors (including teacher's pension funds for example) who have already marked their investment to 0.
- bmitc 4y ago
  I couldn’t care less about any of the investors. They have little to blame but themselves. Someone else mentioned that the teacher’s pension fund could even be bailed about with tax money. So in the end, it’s lower and middle class people that pay for all these mistakes and fraud.
  - nashashmi 4y ago
    And the whole ecosystem gets overwhelmed with greater doubt on the major players.

FileSorter 4y ago

Everyone in the industry knew this guy was a rat long before this implosion. https://rekt.news/ftx-yikes/ https://rekt.news/ftx-yikes/ https://twitter.com/lightcrypto/status/1302559496309485568 https://twitter.com/lightcrypto/status/1302559496309485568

steve_adams_86 4y ago

It is genuinely perplexing to me that anyone believed SBF. Nothing has ever added up, and frankly he gives off very strange vibes. The entire thing was so unsettling. I suppose my concern though is that Will MacAskill was knowingly involved in this garbage. I didn’t realize how close he was to SBF or for how long. Now that I know, I have a creeping suspicious that he could be implicated in this. His organization received significant funds from SBF. Like you, I’d like to believe will isn’t hypocritical jackass and that EA genuinely matters to him.