this post was submitted on 11 Mar 2024
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It kind of makes sense why poor people would be attracted to gambling on shitcoins and similar get rich quick schemes. Like other forms of gambling it represents a tiny hope of a swift resolution to their hardships and often if comes with a (disingenuous) promise of playing fair with people who the legitimate economy is rigged against.
It's a piss-poor way of coping with poverty though as it is all scams built on top of scams. A million people lose everything for each time an average Joe wins the big jackpot. The people behind these scams are preying on the desperate, the oppressed and the naive. At best they belong in a gulag.
But until the day they get what's coming for them it is a rare ray of comedic sunshine when they scam eachother for once.