Why is being a celebrity BS? After a few tens of millions (or maybe $100M) dollars money doesn't matter at all, it's all about status, and money is just a tool to achieve it.
Sure, for some people. But I was hoping the Sam Bankman-Fried had higher aspirations like building a product and team he could be proud of. I don't think celebrity status is good for you. It's very unnatural to be surrounded by yes men and people that just want to use for your money or status.
Re:Coinbase Announces 18% Layoffs
by JumpCrisscross on Tuesday June 14, 2022 @11:06AM
(#31740579)
> was hoping the Sam Bankman-Fried had higher aspirations like building a product and team he could be proud of
This is Armstrong. It’s why he’s failing. Bankman-Fried recognises crypto for what it is. It’s not somewhere to do things to be proud of. It’s a place to make money while it lasts.
Re:Coinbase Announces 18% Layoffs
by adamsmith143 on Tuesday June 14, 2022 @10:33AM
(#31740121)
>I get that he may be looking forward to spending his wealth
On Philanthropy maybe. He's pretty dedicated to the EA movement and has explicitly said he intends to give everything away.
I get that he may be looking forward to spending his wealth, but I feel if he doesn't keep focused his company will decay and he'll get sucked up into celebrity BS.
https://markets.businessinsider.com/news/currencies/ftx-bloc...