2 ms·
> I'm not sure how anyone could argue that what SBF was doing fits it any way with that. He's just been found guilty of fraud on multiple counts, EA strikes me
by jstarfish 3y ago
> I'm not sure how anyone could argue that what SBF was doing fits it any way with that. He's just been found guilty of fraud on multiple counts,
EA strikes me as the same sort of ambiguous slime as "breast cancer awareness."
You read the words and think hey, that sounds right. Benefit others as efficiently as possible. Guy's a Robin Hood type, stealing from the rich to benefit others. Good for you, buddy. Godspeed.
Except you look at what he's actually doing and see he's not stealing from the rich and giving to the poor. He's stealing from the foolish and giving to "others," who turn out to be his friends and associates. $500m to Anthropic? $5b for Twitter? This shit isn't charity.
It's kleptocracy masquerading as charity. I can't see his charitable causes as anything more than an ephemeral funds-parking scheme storing funds in a chain of IOUs.