2min chapter

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#127 – Sam Bankman-Fried on taking a high-risk approach to crypto and doing good

80,000 Hours Podcast

CHAPTER

Do We Really Need More Dry Powder?

CNN's John Sutter says there are some moderately compelling arguments in the opposite directin lki. The best argument is that we should n keep our powder dry, be happy to have substantial amounts of funding in reserve and not be giving it away right away," he writes. "Even when you get to the point where you're sort of like, you know, spending, like, if your plan is to blow 80 % of the money in the next five years, right? That's a potentially big problem"

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