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>It's just greed, plain and simple. Seeing someone pay off their student loans or their credit cards on an income similar or lower than yours by “investing” in
by anonymouse008 6y ago
>It's just greed, plain and simple.
Seeing someone pay off their student loans or their credit cards on an income similar or lower than yours by “investing” in a ICO at the right time and trying to find the next opportunity is greed to you?
I’d say the little guy is desperate to get out underneath whatever has them in dire straights to reasonably think a “gamble” as rational.
- rmah 6y agoAre you asserting that lower income people cannot be as greedy as higher income people?
- lashloch 6y agoGreed is the desire to accumulate wealth for its own sake. I don't think it makes sense to characterize a low-income person as greedy for trying to improve their situation somewhat.
- throwaway_isms 6y agoThe common definition of greed would be the selfish desire of more than one needs, the "little guy" by definition that us taken by investment scams or mass Crypto pump and dump scams usually isn't seeking more than they need, but in such a desperate and dire financial and economic position they are usually just attempting to gain some footing to put them on level ground. At the end of the day the scams exist because they work, whether you blame it on their the greed of the victim or it is just an act of desperation is irrelevant, the conduct that can and should be regulated is that of the scammers.