Sam Bankman-Fried: recommendation

Transcript context

…Last question. I’m sure you faced this already, but let’s say you have an extra million dollars or 10 million dollars to give away to improve life in the Bahamas only — not you change the whole world and the Bahamas benefits — just improve the Bahamas. What do you do with it? I think health is where I would focus, probably. It depends on exactly the amount because some things have scaling in different directions here. I think the bigger the amount is, the more you’d want to set up trying to build a really great hospital system, for instance. That certainly is a bigger project. I think working out the healthcare infrastructure, or obviously — and especially with the world we’re in — direct cash transfers are always within an order of magnitude of the best thing you could do. Those are pretty effective in just giving to Bahamians. We’ve spent some money buying COVID-relief supplies for the island, and we’re monitoring what their stockpiles look like. If that becomes a limiting factor, we’ll put more into it, although I think it’s looking okay from a stockpile perspective right now. Sam Bankman-Fried, thank you very much. My pleasure.…

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