vadoff

Being ambitious doesn't necessarily mean you're aiming for validation. It means you're aiming for a goal that's challenging. What drives that ambition is what matters.

Many are driven by a desire to create real change, a desire to build, to solve a problem, and/or help people. Many do it simply because it's fun, but it doesn't make them any less ambitious.

A debtless society probably wouldn't suffer as many catastrophic economic recessions/depressions though (usually a result of cascading liquidations/unpayable debts)

Loss of scam revenue, yes. But I'm not sure any of the networks actually want that (since they're spending money to moderate it out).

As far as moderation costs go, it would be drastically cheaper than it is now since there would be far less scammers on the network.

What if you were required to put down a % of ad spend as a security deposit. Then if you were ever caught running a scam, you’d lose the deposit.

It would make running scams unprofitable, or at the very least cut into profit a lot / disincentivize it.