i’m more convinced than ever that ALL foundation and unaccountable non-profit governance eventually goes off of the rails or gets captured by misguided people (including and…

Original source excerpt

i’m more convinced than ever that ALL foundation and unaccountable non-profit governance eventually goes off of the rails or gets captured by misguided people (including and perhaps especially if fund…

i’m more convinced than ever that ALL foundation and unaccountable non-profit governance eventually goes off of the rails or gets captured by misguided people (including and perhaps especially if funded via perpetual protocol rewards in the case of crypto) power hungry and/or misguided moralistic actors will always eventually get control and completely fuck it up so i think of you are giving money for charitable purposes, it makes sense to avoid foundations and instead give the money to charities who will spend it more immediately and directly on whichever causes you care about

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