I believe the Gates Foundation has already put an enormous amount of thinking and research into determining the most effective use of a large amount of funds to improve the overall state of the world. My opinion is that you would probably rationally be better off investing that money or building a corporation to try and turn it into billions and then donate that to Gates.
Pineapple Fund: Donating $86M of Bitcoins to Charity
111–120 of 227 posts
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#112People spend their entire lives focused on wealth accumulation. Bitcoin has endowed many people with financial means in a way completely orthogonal to their day-to-day work. Say what you will about bubbles, but this "fund manager's" perspective is healthy check on reality.
While true, as someone with a number of friends just now "getting into" bitcoin, I find the zero sum aspect of it troubling. Assuming a crash/correction is coming, most of the wealth that accrued to the early adopters will be at the expense of these later, less-informed "investors" who bought in thinking it was a no fail quick buck.
That’s how markets work. Early adopters take risks that pay off when late-comers try to bet on a proven winner.
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#113Earlier quoted context omitted.
That's always why I have a good laugh when someone comes out claiming to be Satoshi when they end their sentences with only a single space after a period. If you wanted to come out as Bitcoin's creator, you'd have used 2 spaces...
I think that just shows the age of the person. I learned how to type correctly on a typewriter, and that is the way that we learned. It means, for me, that SN, like me, was educated in the 70's and 80's, and formally learned how to type. Disclosure : Am not satoshi.
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Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#114Dear Rich Pineapple: Congrats on your huge BTC surplus! To make the biggest difference, consider looking into Effective Altruism [1] (an idea, not a charity) if you haven't already. Their motto is “using reason and evidence to do the most good”. Perhaps do away with the charity proposal form, and instead choose one or several of the most effective charities as ranked by GiveWell.org[2] (who do rigorous effectiveness…
Agreed. With the enourmous cuts in science funds nowadays one can make a big difference by, for instance, fueling cash into research in virtually any area. The achievements can still be watched within a lifetime.
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#115Earlier quoted context omitted.
While true, as someone with a number of friends just now "getting into" bitcoin, I find the zero sum aspect of it troubling. Assuming a crash/correction is coming, most of the wealth that accrued to the early adopters will be at the expense of these later, less-informed "investors" who bought in thinking it was a no fail quick buck.
That’s how markets work. Early adopters take risks that pay off when late-comers try to bet on a proven winner.
Another view is that markets are not about gambling but rather investing? For example, index matched funds grow because the economy of the world, as a whole, is growing.
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#116Dear Rich Pineapple: Congrats on your huge BTC surplus! To make the biggest difference, consider looking into Effective Altruism [1] (an idea, not a charity) if you haven't already. Their motto is “using reason and evidence to do the most good”. Perhaps do away with the charity proposal form, and instead choose one or several of the most effective charities as ranked by GiveWell.org[2] (who do rigorous effectiveness…
I think he needs charities that are willing to take BTC.
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#117Earlier quoted context omitted.
That's always why I have a good laugh when someone comes out claiming to be Satoshi when they end their sentences with only a single space after a period. If you wanted to come out as Bitcoin's creator, you'd have used 2 spaces...
I think that just shows the age of the person. I learned how to type correctly on a typewriter, and that is the way that we learned. It means, for me, that SN, like me, was educated in the 70's and 80's, and formally learned how to type. Disclosure : Am not satoshi.
Curious, what are the reasons to prefer one-space-after-period over two? Regardless of old or new medium, proportional or monospaced font, I find it more legible when there's more space between sentences. Sometimes periods find themselves within a sentence (especially in technical writing), so ideally that would have a different markup I guess.
HTML frustrates me; I don't know why it defaults to collapsing spaces, when so often my spaces are intentionally semantic.
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#118Earlier quoted context omitted.
I think that just shows the age of the person. I learned how to type correctly on a typewriter, and that is the way that we learned. It means, for me, that SN, like me, was educated in the 70's and 80's, and formally learned how to type. Disclosure : Am not satoshi.
Curious, what are the reasons to prefer one-space-after-period over two? Regardless of old or new medium, proportional or monospaced font, I find it more legible when there's more space between sentences. Sometimes periods find themselves within a sentence (especially in technical writing), so ideally that would have a different markup I guess. HTML frustrates me; I don't know why it defaults to collapsing spaces, wh…
Not that anyone will ever change their mind about this, but here's a good justification of the correct usage.
"Two Spaces After a Period: Why You Should Never, Ever Do It": http://www.slate.com/articles/technology/technology/2011/01/...
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#119I think this is one of the greatest example of effective altruism, the world has seen to date. As a student of this subject, I would like to suggest a minor improvement in this project, an image of pineapple for the favicon.
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#120I think this is one of the greatest example of effective altruism, the world has seen to date. As a student of this subject, I would like to suggest a minor improvement in this project, an image of pineapple for the favicon. http://www.favicon.cc/?action=search&keywords=pineapple
Haha I was just about to suggest that!