News for hackers. Stuff that matters.

A comment on Peter Thiel turned a Roth IRA into a $5B tax-free piggy bank. Parent comment

Re:Peter Thiel turned a Roth IRA into a $5B tax-free piggy bank by nickpp on Friday June 25, 2021 @02:04AM (#27627617)
Honest question: do you think it’s a good idea to protect people from themselves?
[ Parent | on HN ]
Re:Peter Thiel turned a Roth IRA into a $5B tax-free piggy bank by caffeine on Friday June 25, 2021 @05:43AM (#27628793)
The answer isn’t binary, it’s a sliding scale between 0 (zeroism, nobody is allowed to be harmed by anything) and 1 (do whatever you want).

Seat belts, road signs, the FAA, the FCC, the FDA … all these are protecting people from harming themselves.

I don’t think it’s possible to have a functioning society at 0 or 1, but whether 0.35 or 0.55 is a better setpoint is hard to say for sure.

[ Parent | on HN ]
Re:Peter Thiel turned a Roth IRA into a $5B tax-free piggy bank by nickpp on Friday June 25, 2021 @09:14AM (#27630360)
So more like yes for some cases, no for others. But how do you choose?
[ Parent | on HN ]
Re:Peter Thiel turned a Roth IRA into a $5B tax-free piggy bank by Supermancho on Saturday June 26, 2021 @10:43AM (#27642283)
Consensus. Either direct or indirect, because that's part of what a society is.
[ Parent | on HN ]