Hacker News new | ask | show | jobs
by Executor 4308 days ago
This idea is horrible since it is plutocratic and elitist. It encourages the lives of affluent people living in the finance sector/stock traders but empowers nobody else. It punishes those who don't participate in the stock market, fail to correctly predict trends. Remember the damage caused by the finance industry in recent years: the 2007 depression, the bursting of the housing market, as well as the initiation of austerity policies around the world. We should be concerned with eliminating the finance sector's control on society - not increasing it.