In a recent appearance on the Katie Miller Podcast, Billionaire Coinbase CEO Brian Armstrong called charity a “net negative on the world.”
In a recent appearance on the Katie Miller Podcast, Billionaire Coinbase CEO Brian Armstrong called charity a “net negative on the world.”
He’s kind of right. Taxes are better than charity.
I wish people would think about the comments they’re posting online as independent thoughts.
“Taxes do better good than charties can with money” is a reasonable opinion and one I could agree with.
“The billionaire is right about charities hurting people more than they help” is a stance that sounds crazy on it’s own given what good charities do in the world.
Tying them together doesn’t make the second one better just because the first one might be true. Imagine saying “charities that spend 90% of the money they make trying to cure cancer or provide food and shelter to kids or provide vaccines to poor locations are bad organizations for society.” You’d get boo’ed by your good friends.