deluks917

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FTX EA Fellowships

Why is the stipend 10K? How are these numbers chosen? Funds are not exactly tight on this scale. I understand that EA wants to filter for dedicated people. But I feel like these really low pay/stipends should be justified a little more explicitly.  Wouldn't it make sense to offer more money since 'moving to the Bahamas for 6 months is not exactly a low-cost decision for many people? [I am aware the EA hotel gets people despite a lack of very generous stipends]

Starting a Small Charity to Give Grants

I am aware but the benefit is still quite large.

Starting a Small Charity to Give Grants

Oh wow. This was super informative. Thanks so much.

Starting a Small Charity to Give Grants

This would have been way better than holding everything in my individual account. But it doesn't let you make 'grants' to individuals. We need something like a smaller version of EA Funds.

What would you do if you had half a million dollars?

I would unrestrictedly give it to individual EAs you trust. 

Why should we be effective in our altruism?

When I was small I needed help. Instead, I was treated very badly. Many people and animals need help right now. We have to help as many of them as possible. 

Earlier in our relationship, I told my wife that we should legally marry other people so they could move to the USA. She is usually quite open-minded but she very much hated the plan so we never did it. 

I am very big on living out your values. If you are a citizen of a highly desired country you can help make open borders a reality. I encourage you to consider this in who you legally marry. This is especially relevant if you are poly. There are a lot of versions that differ quite a bit in terms of risk. 

Good luck.

Vitalik Buterin just donated $54M (in ETH) to GiveWell

Groups are not public. Here is an example from 'EAs in crypto'.  The original thread was in 'highly speculative EA investing'. The EAs in crypto thread got the most engagement.

note: Anthony Deluca is me, Greg is a well-known EA.

Vitalik Buterin just donated $54M (in ETH) to GiveWell

Multiple people connected to the lesswrong/ea investing groups tried to contact him. We both contacted him directly and got some people closer to Vitalik to talk to him. I am unsure how much influence we had. He donated less than two days after the facebook threads went up.

We definitely tried!

Being Vocal About What Works

I am not sure Effective Altruism has been a net hedonic positive for me. In fact, I think it has not been. 

Recently in order to save money to donate more, I chose to live in very cheap housing in California. This resulted in many serious problems. Looking back arguably the biggest problem was the noise. If you cram a bunch of people into a house it's going to be noisy.  This very badly affected my mental health. There were other issues as well. My wife and I could have afforded a much more expensive place. That would have been money very well spent. I was really quite miserable. 

During the 2017 crypto bull run, I held a decent amount of ETH. Pretty close to the top I gave away half since I felt like I had hit a huge windfall. Of course, ETH crashed to around 87 from a high of 1400. So I ended up not as rich as I thought. It didn't help that I handled the bear market poorly. Maybe it was good that I donated the ETH instead of selling it for far less. But maybe I would have handled the bear market better had I kept more ETH or cashed some out for myself. 

 In the end, things went fine for me. But the decision to donate so much at the top really haunted me for years. Of course, I did not donate 10%. A 10% donation threshold would mean donating 10% of the ETH I cashed out (potentially 0 dollars). Until you sell you don't have any taxable income. I have again donated all the crypto I cashed out. But this time I have donated a much smaller percentage of my bankroll. 

I am also quite terrified of the singularity. It has not been easy for me to deal with the 'singularity is near' arguments I hear in the rationality and EA communities.

Of course, I think my involvement with EA has been positive for the world. In addition to donations, I gave some money to some poorer friends. They certainly appreciated it. But effective altruism has not been an easy road.

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