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Instead, MacAskill is the thinker perhaps most associated with the moral philosophy known as “effective altruism,” which was profoundly influential on Bankman-Fried, Alameda CEO Caroline Ellison and others in their intimate…
Just over 51%, or 24.6 million addresses of the total 47.9 million, are below purchase price on their investments, according to data provided by blockchain analytics firm IntoTheBlock. About 45%…
Bankman-Fried was worshiped by much of the media when skepticism might have been better: Is Sam Bankman-Fried, the disheveled, media-hungry founder, a sociopath, as some are beginning to say? Or…
And while SBF’s FTX takes the cake for crypto’s biggest con in dollar terms, it’s noteworthy how many other conmen crypto has produced: Mt. Gox’s Mark Karpeles, QuadrigaX’s Gerald Cotton,…
And that’s where the danger comes in. Because it’s not just hypocritical to act like capitalist accumulation is altruism. It’s also a great way for people like Bankman-Field to avoid…
Bitcoin has dropped 77% from its trading peak in November of last year to the latest blizzard of the crypto winter: FTX’s implosion and bankruptcy. Source: Crypto bubble: Bitcoin is…