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Well, if you're going to roll the dice with an unregulated securities market because you want massive profits, it helps to have a sense of humour about it.
by Hamuko 4y ago
Well, if you're going to roll the dice with an unregulated securities market because you want massive profits, it helps to have a sense of humour about it.
- jjulius 4y agoYeah, because victims of financial fraud always know the risks. /s
- cycomanic 4y agoThe issue is that culture has developed into idolizing people just for getting rich. So naturally everyone aspires to this. Moreover lots of these people talk about it like its easy with just a little "financial knowledge" while in fact many just got lucky on some high risk bets (and often enough were already well off enough so they did not need to worry about the losses). Therefore people fall for Nigerian Prince schemes or FTX or many other schemes, they are essentially greedy and want to be one of the ones who make it rich without any real contribution. I'm not sure if one needs to feel sorry for the people loosing something, however I definitely think the current culture of idolizing money is toxic.