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All scams start with a "choice". That is not relevant, and the author is right to educate "choosers" by demonstrating the information asymmetry that leads to th
by lawnchair_larry 9y ago
All scams start with a "choice". That is not relevant, and the author is right to educate "choosers" by demonstrating the information asymmetry that leads to them going broke by choosing incorrectly.
It's great for you that you were able to be repaid at the cost of other victims who were robbed and swindled, but that isn't a responsible way to handle these things, and is most definitely not a model for handling losses. It's illegal for a reason.
- darawk 9y agoWhat information asymmetry? They didn't lie about anything. They offered people a choice between repayment and equity. Some people chose equity, and to be quite honest, I wish I had too. It seems like they're doing very well.