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by daemin
22 days ago
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Depends how you count profiting from it, if you only count direct monetary profit, or if you count things such as favours to be profit. There has to be some motivation for people to do such random things, and even if not directly illegal, they do smell rather fishy and unethical. T hen again crypto isn't known for its bastion of legality and morality, therefore I would assume there are some deals going on in the background which are probably illegal, and if not that then unethical - not that they would care about that. |
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There needs to be evidence of such a thing, no?
> There has to be some motivation for people to do such random things, and even if not directly illegal, they do smell rather fishy and unethical.
I have motivation. If people are placing stupid bets on me, I sure as heck want them to suffer for it.
I'm sure some people view a CEO doing this as unethical, but I fully support it. Whoever lost money on that bet had it coming.
Of course, my preference is both sides losing money, but we can't have everything.
Speaking of ethics: There is a reason why betting and gambling are categorized under "vices". If you make any bet on things out of your control, the questionable ethics begins with you. Don't put it on a third party who was not involved in crafting the bet.
I believe in some jurisdictions, private bets are not legally enforceable (i.e. if I make a bet with you and lose, it is my legal right to refuse to pay). There's a good reason for that!