I don’t think the actual dollar number he spends is that important here. Media coverage can be very scope insensitive, so it isn’t obvious to me that $100m would be meaningfully different to $50m or $25m here.
I agree more legible altruistic acts would be good for PR, and contra Stefan I do think there’s a case for focusing on this to an extent, but that doesn’t mean just picking a big number out of a hat and spending it.
Fair enough; I didn’t mean to imply that $100M is exactly the amount that needs to be spent, though I would expect it to be near a lower bound he would have to spend (on projects with clear measurable results) if he wants to because known as “that effective altruism guy” rather than “that cryptocurrency guy”
It’s hard to imagine him not being primarily seen as a crypto guy while he’s regularly going to Congress to talk about crypto, and lobbying for a particular regulatory regime. Gates managed this by not running Microsoft any more, it might take a similarly big change in circumstances to get there for SBF.
I don’t think the actual dollar number he spends is that important here. Media coverage can be very scope insensitive, so it isn’t obvious to me that $100m would be meaningfully different to $50m or $25m here.
I agree more legible altruistic acts would be good for PR, and contra Stefan I do think there’s a case for focusing on this to an extent, but that doesn’t mean just picking a big number out of a hat and spending it.
Fair enough; I didn’t mean to imply that $100M is exactly the amount that needs to be spent, though I would expect it to be near a lower bound he would have to spend (on projects with clear measurable results) if he wants to because known as “that effective altruism guy” rather than “that cryptocurrency guy”
It’s hard to imagine him not being primarily seen as a crypto guy while he’s regularly going to Congress to talk about crypto, and lobbying for a particular regulatory regime. Gates managed this by not running Microsoft any more, it might take a similarly big change in circumstances to get there for SBF.