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Why let people drink alcohol when some people will become addicted and ruin their lives and families? Why do we let people gamble when some will become addicted
by seibelj 5y ago
Why let people drink alcohol when some people will become addicted and ruin their lives and families? Why do we let people gamble when some will become addicted and financially destroyed? Why do we let people drive cars when thousands will die in horrific accidents every year?
All things considered, I’d much rather let people risk their money on startups than at the roulette table.
- sennight 5y agoUnfortunately things have been structured so that stupid people, in large enough numbers, can reduce your quality of life - and there is nothing you can do to stop it. For example: consider the combined effects of the 401K, disinterested investors, and a compounding 2% inflation target.