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Re:$34M permanently locked into AkuDreams contract forever d... by thaumasiotes on Saturday April 23, 2022 @01:24PM (#31136236)
> Most people do not have the risk tolerance to use a system where one typographical error can irreversibly lose your life savings (for example), the product of decades of work.

This might be true without mattering much -- most people don't have decades of savings. If you're not willing to lose the product of decades of work, but you never have more than a year worth of savings, what does your unwillingness mean?

Re:$34M permanently locked into AkuDreams contract forever d... by progman32 on Saturday April 23, 2022 @01:58PM (#31136592)
Just because savings won't last more than a year doesn't mean those savings aren't the product of a decade of work.
Re:$34M permanently locked into AkuDreams contract forever d... by thaumasiotes on Saturday April 23, 2022 @02:06PM (#31136673)
Most people do not have savings that are the product of more than a year of work.
Re:$34M permanently locked into AkuDreams contract forever d... by progman32 on Saturday April 23, 2022 @03:08PM (#31137364)
Think I'm missing your point. Are you suggesting that most people have total savings < one year's income?
Re:$34M permanently locked into AkuDreams contract forever d... by thaumasiotes on Saturday April 23, 2022 @08:19PM (#31140044)
I'm saying something much stronger than that! Most people, at some point within the past one year, had total savings of zero or less. Most people do not have more than a year of savings, because they haven't spent more than a year saving.
Re:$34M permanently locked into AkuDreams contract forever d... by ddingus on Saturday April 23, 2022 @05:53PM (#31138979)
Most people do have savings considerably less than a years income.