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Interesting point. Would you rather have few unscrupulous, enterprising individuals have a significant proportion of wealth, or have this distributed between ma
by unbanned 5y ago
Interesting point. Would you rather have few unscrupulous, enterprising individuals have a significant proportion of wealth, or have this distributed between many people who are mentally challenged (easily conned)...
- AlexandrB 5y ago> people who are mentally challenged (easily conned)... I think the biggest predictor for being conned is not low IQ but high greed.
- gokdisjtrdcvv5 5y agoI didn’t think of that but you are totally right! I’d say greed has much more to do with it than IQ
- wyager 5y agoPeople who are smart and greedy have much more effective ways of satisfying their greed than investing in fly-by-night crypto schemes. This typically looks like selecting a career path based primarily on its expected return.