Heads the world is twice as good, tails the world ends? The former FTX wunderkind would take that bet.
involves bitcoin and a more-exotic cryptocurrency that the fallen FTX magnate created. But one piece of evidence used against him at his New York trial involves an old-fashioned coin, with a heads and a tails., Bankman-Fried’s former girlfriend and business associate who pleaded guilty to seven counts, including wire fraud and securities fraud, and took the stand against him this week.
Of course, a commitment to public welfare, and to reason, is part of most political philosophies — the not-so-small trouble is defining what “welfare” means. Effective altruists nonetheless try to operationalize this principle with mathematical precision, calculating the “expected value” of any course of action.
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