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> Watching people get a bunch of money over and over for no work starts to make you question things. You're ignoring risk. Do you feel the same way when people
by rawtxapp 5y ago
> Watching people get a bunch of money over and over for no work starts to make you question things.
You're ignoring risk. Do you feel the same way when people win lotteries? Because everybody has access to Robinhood, so nothing is stopping you from gambling on penny stocks or random crypto and you just might get retirement money or lose it all.
- treis 5y ago>Do you feel the same way when people win lotteries? I mean that's the point. Lotteries are supposed to be lotteries. The economy is supposed to be an economy where people earn what they receive.
- rawtxapp 5y agoI see where you're coming from, but people earn without risk, when I go to work from 9 to 5, I'm getting my paycheck, I know exactly how much it's going to be, I know exactly what time it's going to be deposited into my account, etc. When I put my capital to work, I might earn, but I might also lose a lot (ask anyone who bought Bitcoin at 63k$ for example). Obviously, in a capitalist society, capital is the most important thing (I'm not saying that's right or wrong). Also, if you have millions of people "investing" in the stock market, even in penny stocks, a few of them are bound to get right, you just don't hear too much about people that lost it all.
- ZephyrBlu 5y agoCrypto, the stock market and startup equity are not the economy. They are far closer to lotteries.
- ryandrake 5y agoThere is something very wrong with a society where a major driver of success and wealth is risk taking and gambling, in its various forms.
- ZephyrBlu 5y agoWhat is very wrong? High risk, high reward.