Cyber sense – 2022 Reflections pt. 2

Cyber sense - 2022 Reflections pt. 2 1

Faster Networks compiled an analysis of 2022. If you haven’t read part 1, please do. Faster Networks put their best foot forward to understand cryptocurrency and the impacts it has had and, is having on the world at large. This burgeoning decentralised and dysregulated banking system isn’t just economic. Bitcoin mining is an energy intensive process creating its very own environmental issues from uncontrolled investment and emissions. What we believed would solve some of the hierarchical headaches of traditional banking just made us reach for stronger painkillers, as we watched Sam Bankman-Fried get arrested…

In/effective altruism made us feel awful

In/effective altruism made us feel awful 2

Enter the case of MIT graduate, crypto-trader and heralded philanthropist, Sam Bankman-Fried (SBF). SBF, fairly recently, was the wealthiest person under 30, a classic media darling, gracing covers of Fortune and Forbes 400 as recently as August 2022. He had a real rapport with journalists, they say he was disarming with his swagger, casual clothing and Einstein dishevelled-ness. He was a formidable tech guru that fronted media, answered the questions and appeared impressive and relatable.