[paulpauper]

more like a very effective way of losing all your money

[vba616]

If I had a billion dollars, I'd ignore what the billionaires are doing with philanthropy and the EA crowd alike.

I'd go here and in seconds it would be gone:

https://www.pay.gov/public/form/preview/pdf/103

For a moment, inflation would run backwards.

That is effective altruism. It saves all of the overhead in distributing your assets - like an index fund for philanthropy.