honestly advertising gambling should just be banned overall. It’s fucked that there are people who’s job it is to deliberately trigger addictions
Reminds me of how something like 80% of alcohol is sold to alcoholics. The industry would literally collapse in weeks if there was some magic pill to cure alcoholism.
Really feels bad when a kid is involved :\
it’s so tempting to want to believe you can somehow get ahead in america, you see people around you doing it and there is always something that’s gonna be big next and just bet the house on it. i’ve seen a couple people first hand get taken by the crypto illusion and it’s fuckin sad, like it’s even worse than MLM type scams cause most at least have a physical product that has value (as small as it may be.) but so many people can hardly update Windows let along figure out what the difference between a cold or a hot wallet is in crypto… but it doesn’t even matter cause they’re convinced it’s gonna be the next big thing, and they got in early. i know a dude who was financially focused essentially double down on the “dip” for some dogshit (THETA) crypto because the buzzwords surrounding the “technology” were good. there is millions of marks out there, and i truly hope it is actually slowing down now, cause it’s certainly not stopping
A lot of the people I know significantly underwater on their crypto investments are software engineers at elite firms. It has nothing to do with intelligence, just luck. Ideologically, a lot of Amerikans will never accept that.
It has nothing to do with intelligence, just luck.
Speaking as someone who was very into financial instruments and crypto (yeah I know) back when I was a lib, it is almost entirely luck. You can know what theta decay is, what Delta and all the other metrics mean, do research on how the stock typically performs during the yearly period you’re holding the options, look at preliminary results…and still be completely wrong because some firm decides to buy a ton of stock, rendering the work moot.
Nobody knows if the market is going to go up, down, or in fucking circles, and crypto is even MORE volatile; the only reason people ‘win’ at it are because they happened to possess that insane luck or because they had enough cash they could keep guessing until they got it right
Or they’re Wall Street types who have insiders give them knowledge. While they certainly do know how stocks perform, the main reason why they get rich is mass insider trading and rigging the markets.
People very acutely feel the need to escape from alienation. Especially in this late stage where we live pretty comfortably all things considered, but we can see the vastest rug pull coming right for us called “western capitalism.” The perfectly ironic thing is that there is an escape valve from alienation called socialist revolution. But Americans are so individualistic it seems to not occur to then to work together and defeat their actual material enemies.
my dad was a piece of shit gambler, and i have no sympathy for them.
i remember being like 7 years old walking around crowds of thousands at the racetracks while he sat in the stands, playing for hours.
i could have been abducted so fucking easily.
abduction by random strangers is exceedingly rare, and it’s a shame that fearmongering has made people feel like it’s likely to happen to their kids
even by conservative estimates, between 4, and 20 thousand children are abducted by strangers in the US annually. that’s between 100 and 500 per state every year.
by non conservative estimates it’s something like 800,000. so you may have some argument towards that number, but that shit fucking happens, especially when parents are fucking completely negligent and don’t pay attention and let their kids roam throughout giant crowds.
sorry, but before you spout off on shit like this, we’re not talking about letting your kids go outside and play ball or ride bikes.
by non conservative estimates it’s something like 800,000
There are roughly 80 million children in the country, and you’re telling me 1% of them are abducted by strangers per year?
that shit fucking happens
a lot of bad things happen in the world, this is not a common one which should take up space in your brain or influence your decisions. if you want to keep your kids from being abducted first make sure they never go anywhere near their family members lol
Egg on face time: Fewer than 350 people under the age of 21 have been abducted by strangers in the United States per year between 2010–2017. sauce
Ah yes, the child should feel perfectly calm wandering around the race track unsupervised.
there is an important question in what counts as supervision. if there’s someone who knows what area you’re supposed to be in and that will expect you to report back to them by a certain time, that is a form of supervision. it is, in fact, all the supervision i had at many points throughout my childhood, whether it was at a ball game or a zoo or the neighborhood i lived in or whatever. in any of these situations, any random stranger could have grabbed me and walked off. however, there are several things which make this unlikely
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first of all, no one wants a random upset child in their custody, often not even the parents who are legally responsible for them. it takes a very specific kind of very knowledgeable criminal to kidnap random children and not get caught and also do anything with them that would make it “worth” kidnapping them
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more people = more chances at such a criminal walking by, yes, but also more risk involved in doing so. if you grab a random child from a crowd and try to walk, like, hundreds of meters out of the facility and back to your car or whatever, somebody’s gonna think it’s weird that the child you’re carrying is shouting for help and saying they don’t know this person
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because of point 2, anyone who is going out with the intention of kidnapping children is not going to be showing up to the race track or ball game or whatever. they’re going to target people they know will be more isolated and more vulnerable … like children they know, whose schedules they are familiar with
in short, of course it happens and it’s a tragedy. but it happens so seldomly that there really is no point worrying about it. this is america, you’re probably more likely to be randomly shot to death by a stranger than to have your child kidnapped from a public place by one
If there are no child kidnappers in the crowd…yes. What you said is 100% true.
We didn’t get any out of the 08 crisis, and that was wider ranging.
It’ll mostly just be suicides.
probably there will be stochastic violence but a good portion of it will be essentially random and probably just include them being more prone to violence in their personal life.
also the majority of crypto buyers are likely just gambling with money they can’t afford to lose. I’ve known people who crypto was very important to them and I would describe their mentality as more thinking of it as a gold rush where it was important to them that there was an untapped source of wealth out there for the taking.
