As an outsider to the movement, I think this is misjudged.
I think it incredibly unlikely that SBF disclosed his fraudulent behavior to anyone outside of a small inner circle within FTX/Alameda. Why would he take that stupendous risk?
The failure here is becoming so dependent upon, and promoting the virtues of, someone engaged in a crypto business with a lot of red flags. In my opinion, that is what merits ‘review’.
Investigating your own personnel for something you have no probable cause for will only consolidate the bad publicity EA is getting now. It will make EA look guilty for something it did not do.
If I am being honest, this comes across as an over-the-top attempt at self-cleansing that is motivated more by prim sanctimony than any real reckoning with the situation.
The failure here is becoming so dependent upon, and promoting the virtues of, someone engaged in a crypto business with a lot of red flags. In my opinion, that is what merits ‘review’.
I agree, without prejudging what the answer to that would be. I think it’s very likely that EA will do some soul searching, although this is a moral question rather than a question of fact, and so my sense is that it’s probably less suitable for an independent fact-finding review.
Investigating your own personnel for something you have no probable cause for will only consolidate the bad publicity EA is getting now. It will make EA look guilty for something it did not do.
If I am being honest, this comes across as an over-the-top attempt at self-cleansing that is motivated more by prim sanctimony than any real reckoning with the situation.
I do care about the optics of EA, but I am more concerned for the epistemic and moral health of the community. For me, this is about taking seriously the fact that EA was in the orbit of a very bad thing that has caused significant suffering. I realise that this comes across differently if you see EA as being a less earnest movement than I do. There possibly is some reputational cost (which may or may not be outweighed on net by reputational gains) to doing this, but the reason for doing it largely sits outside some kind of optics calculus.
But in what domain is it good practice to set up a formal investigation of persons about whom there is no knowledge of wrong-doing, and in which the alleged crime—knoweldge of a second-hand crime—would be almost impossible to independently verify anyway. And, in doing so, permanently tarnishing the movement, and its ability to effectively operate in the future. That is a big gamble for… what reasonable gain?
As an outsider to the movement, I think this is misjudged.
I think it incredibly unlikely that SBF disclosed his fraudulent behavior to anyone outside of a small inner circle within FTX/Alameda. Why would he take that stupendous risk?
The failure here is becoming so dependent upon, and promoting the virtues of, someone engaged in a crypto business with a lot of red flags. In my opinion, that is what merits ‘review’.
Investigating your own personnel for something you have no probable cause for will only consolidate the bad publicity EA is getting now. It will make EA look guilty for something it did not do.
If I am being honest, this comes across as an over-the-top attempt at self-cleansing that is motivated more by prim sanctimony than any real reckoning with the situation.
Thanks Geuss.
I agree, without prejudging what the answer to that would be. I think it’s very likely that EA will do some soul searching, although this is a moral question rather than a question of fact, and so my sense is that it’s probably less suitable for an independent fact-finding review.
I do care about the optics of EA, but I am more concerned for the epistemic and moral health of the community. For me, this is about taking seriously the fact that EA was in the orbit of a very bad thing that has caused significant suffering. I realise that this comes across differently if you see EA as being a less earnest movement than I do. There possibly is some reputational cost (which may or may not be outweighed on net by reputational gains) to doing this, but the reason for doing it largely sits outside some kind of optics calculus.
But in what domain is it good practice to set up a formal investigation of persons about whom there is no knowledge of wrong-doing, and in which the alleged crime—knoweldge of a second-hand crime—would be almost impossible to independently verify anyway. And, in doing so, permanently tarnishing the movement, and its ability to effectively operate in the future. That is a big gamble for… what reasonable gain?
Why would it permanently tarnish the movement?