Re:What Happens to Stocks and Cryptocurrencies When the Fed ...
by krapp on Tuesday May 11, 2021 @07:04AM
(#27116560)
>I disagree with this. Fools have a hard enough life without permitting predators to take their money. Nobody chooses to be a fool.
If you risk more than you can afford to lose an anarcho-capitalist free market economy, then yes, you choose to be a fool. You're choosing to opt out of a regulated financial system with insurance and legal protections into a system whose only rule is "caveat emptor, lol. Git gud noob" because you think it's easy money.
There's a rule in poker - if you look around the table and can't tell who the mark is, it's you.
If you risk more than you can afford to lose an anarcho-capitalist free market economy, then yes, you choose to be a fool. You're choosing to opt out of a regulated financial system with insurance and legal protections into a system whose only rule is "caveat emptor, lol. Git gud noob" because you think it's easy money.
There's a rule in poker - if you look around the table and can't tell who the mark is, it's you.