This post is interesting to me, because I feel strong resistance to acting as you suggest. (Background: I made a lot of money from buying Ether at $0.80, but was into crypto before I was into rationalism.)
I think my intuition is some sort of fear of social risk? I’m mostly willing to tell people what I think the right move is, but if they’re not motivated to figure out the details themselves, then I worry that they will be upset if the most likely outcome (losing 100% of their money) happens, and that I’ll bear the social cost.
Yeah, I tend to agree that social factors work against the idea of telling someone to invest in cryptocurrency or other high-risk high-reward things like this. (And despite Eliezer’s point that modesty is not necessarily correct in making decisions for oneself, I find it hard to sensibly eliminate modesty in what one tells other people to do.)
This post is interesting to me, because I feel strong resistance to acting as you suggest. (Background: I made a lot of money from buying Ether at $0.80, but was into crypto before I was into rationalism.)
I think my intuition is some sort of fear of social risk? I’m mostly willing to tell people what I think the right move is, but if they’re not motivated to figure out the details themselves, then I worry that they will be upset if the most likely outcome (losing 100% of their money) happens, and that I’ll bear the social cost.
Yeah, I tend to agree that social factors work against the idea of telling someone to invest in cryptocurrency or other high-risk high-reward things like this. (And despite Eliezer’s point that modesty is not necessarily correct in making decisions for oneself, I find it hard to sensibly eliminate modesty in what one tells other people to do.)