I took your post seriously and had an extended exchange with you in the comments section. I indicated that I shared some of your concerns. I also expressed that I thought you had mischaracterized some of SBF’s views about bitcoin and other cryptocurrencies. It appears that you have since edited the post to correct some of those mischaracterizations, but you did not acknowledge having done so, best I can tell.
I also disagreed with your view that many good projects would lose funding if there were a crypto downturn. Unfortunately, with FTX collapsing so abruptly, there is a risk of that happening. I am hopeful that other donors will step up to fund the highest value projects funded by FTX, but this is a real challenge we face as a community.
I’m puzzled by your statement in this new post that “It was quite obvious that this would happen...” There was certainly a risk things could go badly, and I think I personally underestimated the risk, but I don’t think it is credible to say that it was obvious.
Apologies. Yes, thanks for reading and responding to my prior post. I believe I haven’t edited it since we last spoke in the comments section, but I did edit it when you pointed them out.
I took your post seriously and had an extended exchange with you in the comments section. I indicated that I shared some of your concerns. I also expressed that I thought you had mischaracterized some of SBF’s views about bitcoin and other cryptocurrencies. It appears that you have since edited the post to correct some of those mischaracterizations, but you did not acknowledge having done so, best I can tell.
I also disagreed with your view that many good projects would lose funding if there were a crypto downturn. Unfortunately, with FTX collapsing so abruptly, there is a risk of that happening. I am hopeful that other donors will step up to fund the highest value projects funded by FTX, but this is a real challenge we face as a community.
I’m puzzled by your statement in this new post that “It was quite obvious that this would happen...” There was certainly a risk things could go badly, and I think I personally underestimated the risk, but I don’t think it is credible to say that it was obvious.
Apologies. Yes, thanks for reading and responding to my prior post. I believe I haven’t edited it since we last spoke in the comments section, but I did edit it when you pointed them out.
Thank you for your response. And I apologize for being defensive in my comment. And for not noticing your edits when they happened.