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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This is probably a Bernie Madoff situation. I think we now know why SBF and his deputies donated nearly $70M to PACs this election cycle. [/quote]

The effective altruism piece on him by Sequoia was hilarious
https://archive.ph/2022.11.10-160906/https://www.sequoiacap.com/article/sam-bankman-fried-spotlight/[/quote]

It's a truism that anyone who tries to appear saintly is probably hiding severe ethical issues. Dan Price, for example, literally groomed himself to look like Jesus and went on any media that would take him to brag about his virtue.

I'm a born skeptic, but I have a hard time understanding why people give their money to ANYONE like this-- even the ESG crowd. It's even harder to understand why you'd give it to a shadowy, unregulated, off-shore group in an industry known for scams and theft.  And furthermore, I am a smart person and I dont understand cryto. They say it has value because only a finite amount exists. Okay, but it is sold in fractions, and there are an infinite number of fractions, which means that there really is no floor on how many can be sold. The whole thing is a giant con.   [/quote]

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