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It's never good to be a scammer. It's even worse when you don't need the money. Logan Paul by any estimation is rich enough to never have to work another day in
by jmyeet 4y ago
It's never good to be a scammer. It's even worse when you don't need the money. Logan Paul by any estimation is rich enough to never have to work another day in his life. Scamming money from people who aren't is a whole new level of scummy.
Crypto, despite all the Crypto Andys extolling its still unrealized potential virtues, has shown itself to be a wonderful vehicle for scamming people. The only real application is bypassing laws. That's not inherently unethical (eg sending money to Venezuelan family members) but it's also great for scammers.
The more interesting question is why do people keep falling for this? The answer is ultimately despair. There is a recognition by many people that their circumstances are dire and they will likely never be able to improve their socioeconomic status. You have people who spend decades paying off student debt. Others who are every day risk of medical bankruptcy. And many younger people feel permanently locked out of having any kinf of housing security.
Despair is fertile ground for scammers as people feel like this is their only way out, the hopes for the next Bitcoin to make them wealthy. At what point do people realize that this is a systemic problem? It doesn't have to be this way, particularly in the wealthiest nation on Earth.