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Maybe they do benefit from this. I fail to see how it converts into an obligation for me. I care about X. X would like to recieve money backed by my payments.
by thriftwy 9y ago
Maybe they do benefit from this. I fail to see how it converts into an obligation for me.
I care about X. X would like to recieve money backed by my payments. Does that mean I owe them those payments?
How well do Ponzi schemes play out in practice?
- Vinnl 9y agoThere is no inherent obligation. Where I'm from, though, we've voted for governments that make it one.
- thriftwy 9y agoSo you thrown bad money towards Ponzi scheme. Can I now stop throwing good money towards it? Note that "we voted to confiscate your assets" is NOT a valid vote. "No taxation without representation" fails where we have no hope to recover what we've wasted here. Or, as you seem to be suggesting, we're just waiting for a big crash while making sure it will be real big, while crunching in process.
- Vinnl 9y agoNot if you're from my country, because it's the law for you to throw money to it. But yes, it appears we're waiting for a big crash, which is likely the result of those who __are__ likely to profit from it represent a substantive portion of the electorate, resulting in our leaders being reluctant in finding other/better systems.