The “project” was just to make a bunch of money on crypto; I don’t see how the investors could justify that as a moral use of their capital. The entire industry runs on the expected losses of random less educated people, third world countries, refugees, black market vendors, and gambling addicts. Losses that come from unregulated manipulation of market value of tokens which have no real world value. Manipulation like that which SBF is now under investigation for. This is quite the stretch to say there were good intentions going in.
The “project” was just to make a bunch of money on crypto; I don’t see how the investors could justify that as a moral use of their capital. The entire industry runs on the expected losses of random less educated people, third world countries, refugees, black market vendors, and gambling addicts. Losses that come from unregulated manipulation of market value of tokens which have no real world value. Manipulation like that which SBF is now under investigation for. This is quite the stretch to say there were good intentions going in.