Effective Altruism Is Bunk, Crypto Is Bad for the Planet, and Other Basic Truths of the FTX Crash ...Middle East

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Twitter’s implosion isn’t the only astonishing story in the tech world this week. There’s also the collapse of FTX, a cryptocurrency exchange led by its 30-year-old founder Sam Bankman-Fried, who is now under investigation by federal regulators for multiple wrongdoings and, by the public, for reportedly being a member of what may now be world’s most despised polycule. What’s made the FTX unraveling so shocking is that Bankman-Fried was thought to be special—the reasonable voice of a Wild West industry. He was also believed to be in possession of a moral compass. Now, as headlines about FTX proliferate, people are starting to question the philosophy of “effective altruism,” which Bankman-Frie

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Last updated : 18 Nov 2022 clock 09:04 PM

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Effective Altruism Is Bunk, Crypto Is Bad for the Planet, and Other Basic Truths of the FTX Crash ...Middle East

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