If you put your money in some risky 'investment' that you don't fully understand and lose you made a bad decision, you are not a victim.
It's like if you burn your money in a Las Vegas casino.
It's like if you burn your money in a Las Vegas casino.
I’m not saying people getting suckered aren’t ultimately responsible for their actions, but at the same time just like a drug addiction, an objective and problem solving perspective is more productive than just judging that person for simply being weak, stupid, gullible, greedy etc.
Gambling is not an addiction. Gambling might become an addiction for some people, like many other things might.
The vast majority of people who 'invested' in crypto (or who go to Las Vegas for that matter) are not addicted. They think it's a way to get rich quick, and some did. They may also not have done their homework.
Sometimes when people make bad decisions and lose there simply isn't anyone else to blame. That's life.
You need to watch "Being Ned Devine" if you have never seen it.
Aren't there some fairly good reasons for finance to be highly regulated?