Hacker News new | ask | show | jobs
by wpietri 5394 days ago
> IF something is making money it is providing some value.

That's provably false (and a regrettably common belief). Bernie Madoff made buckets of money. Magnetic healing bracelets make money. Psychic surgeons and Nigerian scam artists and spammers make money.

1 comments

You are talking about fraud, though, for Bernie, scam artists, and possibly spammers. In those cases they are supposed to add value.

Magnetic healing bracelets, well, we all know they work.