It's one of the most astounding things I've ever read - it's like capitalism, startup koolaid/cultism, intellectual moralism, celebrity, complete and utter glibness and lack of self-awareness, meet a huge pile of money, the anarcho libertarian fantasies of decentralized money, dark pools, 'feel good' modern ego validation therapy, all offshore 'away form the law' ... and a big supporting cast of fools from various industries all in one.
Just when you think it can't get nuttier ... they drop another gem.
It's funny because they thought they were maximizing utility when they really were maxing out on delusion.
This is 10x more insane than 'Wolf of Wall Street'.
It's just a beautiful bit of insanity and of course now, criminality.
For a well thought-out piece of ad hominem covering all that breadth and depth, have a look at David Gerard’s take on the philosophy of SV special smart boys. It’s worth a reread from time to time,— till the OpenSeas evaporate and the BlackRocks laid bare, I suppose.
Bonus is DG called out there the Berkeley-based EA (Effective Altruism) tribe, which inspired SBF..
This is a neat piece but mostly just stating that Eth is rubbish, not really making a case for it.
Buterin I think is what he is - it's not creating fake charities trying to enable his identity through some kind of fake moralism. I think he's the real deal even if he is ultimately 'created' by some other person, and it ultimately ends up a marketing gimmick, I think he's true to it. He's not taking other people's deposits and running off to Bermuda.
I'm fully skeptical about all of these techno-babble anarcho-libertarians but Vitalisk seems reasonable. He doesn't seem that weird dark streak many of them have.
Just when you think it can't get nuttier ... they drop another gem.
It's funny because they thought they were maximizing utility when they really were maxing out on delusion.
This is 10x more insane than 'Wolf of Wall Street'.
It's just a beautiful bit of insanity and of course now, criminality.
Surreal.