Chapter
The Recent Crypto Crash and the Ethics of Making Money to Give It Away
01:59 - 06:33 (04:33)
This podcast episode discusses the recent crypto crash involving FTX, a $32 billion crypto exchange, and explores the idea that making as much money as possible to later give away is a better way to do good in the world.
Clips
The recent crypto crash involved FTX, a trusted crypto exchange worth $32 billion, causing trillions of dollars to disappear from the market.
01:59 - 03:37 (01:38)
Summary
The recent crypto crash involved FTX, a trusted crypto exchange worth $32 billion, causing trillions of dollars to disappear from the market.
ChapterThe Recent Crypto Crash and the Ethics of Making Money to Give It Away
EpisodeThe Man Who Was Supposed to Save Crypto
PodcastThe Daily
Entrepreneur Andrew Carnegie's philosophy of giving away wealth is being furthered in modern times by the Effective Altruism Movement, a charitable organization that encourages people to donate money in the most efficient way possible.
03:37 - 05:43 (02:05)
Summary
Entrepreneur Andrew Carnegie's philosophy of giving away wealth is being furthered in modern times by the Effective Altruism Movement, a charitable organization that encourages people to donate money in the most efficient way possible. This movement promotes logic and reason in charitable giving, and encourages people to give as much as they can to make a real difference.
ChapterThe Recent Crypto Crash and the Ethics of Making Money to Give It Away
EpisodeThe Man Who Was Supposed to Save Crypto
PodcastThe Daily
Talented trader Sam Bankman-Fried starts a crypto trading firm called Alameda Research with an intense startup culture in the midst of the 2017 cryptocurrency boom.
05:43 - 06:33 (00:49)
Summary
Talented trader Sam Bankman-Fried starts a crypto trading firm called Alameda Research with an intense startup culture in the midst of the 2017 cryptocurrency boom.