That is a weak justification, commonly used by criminals. A liar might say, 'everyone lies'; honest people don't say it. Unless we are engaging in a very philsophical discussion (possible on HN), we don't need to explain the problem in detail.

It's not a "justification" of anything, just a question for someone who blames other people industry as fraud. Just curious about way of thinking, nothing else.

And everyone lies indeed, those who deny it are either delusional or liars. It's human nature.

I didn’t blame an industry as fraud. GP was describing a specific fraud that occurred in an industry. Not the same. I’m sure there are legitimate crypto businesses.

> I’m sure there are legitimate crypto businesses.

I’m increasingly sure there aren’t.

Everyone lies but it's irrelevant when motivating fraud, since not all lies are the same.

Also, not everyone lies with the same frequency. Some do reflexively, some hardly ever, and there's everyting in between.

It's like saying all programmers write buggy code, so they are all the same.

You forgot adtech.

Good point, but my list is by no means full. There is much more areas where fraud and scam is a way of doing things and normalised as such.

That’s why i chuckle at people doing virtue signalling :)

That’s just not true. And a sad view of the world. Profiting isn’t the same a fraud.

Fraud is profiting by deception/illegal means.

Profiting by deception is why marketing even exists tbh. Nobody's plastering ads that outline products in factual unbiased way, it's all just a hair above what the law defines as actual fraud. Except one every so often that deliberately breaks the convention and is often even more likely to be deceptive by fooling people into thinking it's honest.

Name the industry which is not profiting by deception at large?

There’s nothing sad about it. This world is a foul sty, and seeing it through pink eyewear thinking it’s all roses and unicorns - is actually sad.

Because truth inevitably hits everyone.

This attitude seems to follow a very loose definition of the term “fraud” and is likely not what people in this thread mean when they employ the term.