What do absurd pandemic prevention policy proposals have to do with the catastrophic collapse of crypto markets?
Quite a lot, actually, and it all comes back to this guy:https://t.co/F9cFm99tfY
— Dr. Angela Rasmussen (@angie_rasmussen) November 17, 2022
It’s all fun & games, if you’re Sam Bankman-Friend and his polycule buddies, or the hordes of entranced journamalists who fell for his ‘Effective Altruism’ blather. But it’s a real tragedy if, for instance, you were one of the West Africans caught up in SBF’s ‘evangelical’ ‘multi-level-marketing like’ promotions.
And then there’s the broader social contagion, one not-very-visible part of which Dr. Rasmussen explains:
This dude is Sam Bankman-Fried AKA SBF. Until last week, he was the billionaire head of FTX, a crypto exchange, and was known for being an “effective altruism” philanthropist. Effective altruism is the idea of using evidence & reason to benefit the most people.
That all seemed to go fine for SBF until there was the crypto equivalent of a bank run and he went bankrupt overnight. Now there’s a whole lot of EA longtermist pet projects that are suddenly without funding.
So why am I talking about this? I’m not a billionaire. I’m a boring academic virologist on the Canadian prairies. Why should I care about the self-regarding strategies tech bros use to make themselves feel better about being unrepentant wealth-hoarding capitalist moneyphages?
Well, because SBF decided, in between meetings spent playing League of Legends and being inappropriately barefoot that one of these projects was to end risky pathogen research. And he was willing to spend cash, though evidently without due diligence on how that money was spent.
One example was funding a company called SecureBio. SBF donated $1.2 million to them for pandemic preparedness & defense. On the surface it appears they are doing wastewater surveillance. In reality they insist that essentially all virology is just bioterrorism waiting to happen. pic.twitter.com/nMNsmqkq3D
— Dr. Angela Rasmussen (@angie_rasmussen) November 17, 2022
Late Night Open Thread: Contagions, Viral & FinancialPost + Comments (36)