3 ms·
I think the difference is that, with NFTs, you know someone else is losing out BIG time and, being a compassionate human being, you feel sad that they're being
by oneeyedpigeon 5y ago
I think the difference is that, with NFTs, you know someone else is losing out BIG time and, being a compassionate human being, you feel sad that they're being taken advantage of. In the cases of inherited wealth and the lottery, huge numbers of people are losing out to an infinitesimal degree, so it doesn't seem as bad.
- mionhe 5y agoHow are huge amount of people losing out if someone passes money to their children, exactly? Was the money supposed to be given to the government and redistributed? And as for the lottery, the reason that states/countries have lotteries is because they make buckets of money off of them. Is the state at fault, then? While I personally think it's a waste of money to participate, people choose to give money to the lottery, and are told up front what the odds are of winning, which are very bad.
- oneeyedpigeon 5y ago> How are huge amount of people losing out if someone passes money to their children, exactly? In the context that, otherwise, it would go to the state in taxation and everyone would benefit to a tiny extent. > Is the state at fault [for running the lottery] I'm not sure what you mean by 'at fault', exactly. As you say, people participate of their own accord. The only thing that you could take slight issue with is the "are told up front what the odds are of winning" because (many? most?) humans are notoriously bad at rationalising probabilities, especially astronomically low ones such as the chance of profiting from a lottery.