3 ms·
A fair point - unless scams tend to be one-shot, it’s relatively likely that the capital accumulated from a scam will go towards unproductive ends (other scams)
by wyager 5y ago
A fair point - unless scams tend to be one-shot, it’s relatively likely that the capital accumulated from a scam will go towards unproductive ends (other scams). However, I still think it’s plausible that the allocation of scam profits is better than the allocation of scamee wealth. The sort of people who buy into NFT monkey rugpulls or whatever might just spend any surplus wealth on a new TV or something.