Message from @Adoring Fan
Discord ID: 453382207520768003
So like a person investing someone else's money?
or like a Bank investing money?
investment and speculation is different
if you buy a house and rent it out that is investment
if you buy 10 houses hoping they will massively go up in price while there is an ongoing recession
that is speculation
you SPECULATE about the profits you'll make, or losses you'll suffer
So like making a weird investment
it's the financial equivalent of playing with fire
that has a small potential to be good?
oh
well
if you choose to invest that way it's your choice
but other people investing that way for you is bad
not only that, speculation isnt just risk taking
it almost always involves foul play
so like
insider trading?
insider trading, price fixing, monopolies forming, plus if the risk doesnt pay off men end up losing their jobs
Insider trading remains illegal imo
it will happen either way
very difficult to find out whether one obtained illegal information
true
not to mention
the speculation of exchange rates
look at what happened to the pound after breixt
*brexit
it went up, then it went down
then up
then down
it was an unsustainable, uncertain roller coaster
now
what are these minimal regulations you offer? @tsarsNeezy
I think I could agree on regulating that maybe
but a lot of regulations shouldn't exist
carrots are yummy
Like how to make a Gas Can lid
that specifically effects me and annoys tf out of me
which regulations would you add?
idk