this post was submitted on 08 Sep 2024
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NoSafetySmokingFirst
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What's up with the message to start with? How is he making the world better by investing in crypto
Imagine you have a simplified understanding of our financial system. Not necessarily wrong, but you are more on the "Money can be exchanged for goods & services"-level of understanding, then to a true finance expert, like an economist or market analyst for example.
You read into our financial system a little bit more and you discover that there are some real issues with it. People are making money off of it, but are not really contributing to society. But you are not quite there yet to understand that the reason for these flaws are complex & multilayered.
You discover crypto & the promise of a currency free of these backroom figures that syphon off money. A promise of redistribution to the common man.
Now mix in a little bit of narcissistic tendencies. YOU ARE A COMMON MAN. The big redistribution hasn't happened yet, you can be Robin Hood destroying these man in black suits (& take a relatively minor part for yourself). You will be rich and the good guy.
At the end of the day this is an ad. Ads don't have to be true. They have to invoke the right feelings in there target audience. And the target audience here is people with mediocre understanding of the financial world, with a few narcissistic tendencies.
"A true finance expert... like an economist" 😂
you listen to the pitch of a conman
I think you meant “than”. “More of X than X”. “Then” would be “I’m going to do this then that”
He and his other cronies declared their plan was to accumulate a tonne of money and give it all away to charities. They called it effective altruism which we now know was total BS
"Well, I get to be a huge fucking asshole all I want, because if I, at some point in the future, spend all my money building the AI supergod it will save all of potential humanity, doing more good than anything ever before!"
"But, can't you do that AND feed hungry babies?"
"No, the AI supergod requires a second golden airplane!"
Well, a bunch of ernest and thoughtful philosophers called it effective altruism (see Toby Ord, will mccaskill, Peter singer). Then it was adopted by the deluded arrogant tech/finance bros and yeah yikes. Sucks to be a philosopher I guess. Someone uses your ideas fraudulently and boom, they're your problem.
Anyone that spends more time philosophizing about doing good than doing good isn't worth listening to.
Peter Singer, btw, Mr Effective Altruism himself, wanted to genocide disabled infants. Not abort them as fetuses. Infanticide them.
If you think ideas can't do good, then it sounds like you haven't spent much time listening to anyone. Obviously if you'd considered it even cursorily you'd recognise that we need philosophy/politics/law to get beyond "sky man says bad" levels of ethics and morality in society.
Your opinion is irrelevant, you didn't even detect the difference between no thought at all and the criticism of thinking about doing good more than doing good.
How about if you spend more time being an ass to people online than doing good?
Because that sounds like what you want to hear, and if I say it, you will give me your money.