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https://twitter.com/petercontibrown/status/1635076092339052545 https://twitter.com/petercontibrown/status/16350760923390525...

• hayst4ck 4y ago
  > Point is that a system of such asymmetries rewards so many at public cost - and that includes the other stakeholders who are today “wiped out” (but still get to keep their gains from the good years). /end Yep, and that is exactly the point. They must not get to keep their gains and they must lose an additional amount proportional to their chance of success. The expected value of corruption must be negative.