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Comment by silisili | Hacker News Reader

> two guys from Florida

And that's all I need to know. I avoid buying from, selling to, or doing business with anyone from FL if I can, I've been burnt too many times. I'm not sure if the state attracts shady characters, or produces them, or both.

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Shysters love it because it's the closest you can get to a "tropical paradise" in the CONUS with relatively cheap housing and low CoL, then you can run away to Cuba or Mexico if things get bad, or fly to Europe and NYC easily when things are good. Plenty of yacht babes, drugs, and yacht babes who will hang out with you in exchange for drugs, which is also a great draw for some of these types of folks too.

I would hope that this is a forum where we can do better than broad generalizations about a place with over 20 million people.

As someone from Florida, I'm disappointed. I clicked in here for some cryptobro hate.

And yet, there are few who disagree and it's worth mentioning.

That's a pretty broad generalization. I could say the same for the Bahamas. Or Nigeria. Or New Jersey. Definitely Russia. So let's just address that there are bad actors everywhere, no matter from where, and that you must do you due diligence when dealing with people for business. What you probably meant to say is "There seems to be more lawlessness in FL than usual" which I would definitely agree with you.

There's good people working at Disney, Universal, L3/Harris, etc. It's not all crazy Florida man in shorts with pet alligators.

> What you probably meant to say is "There seems to be more lawlessness in FL than usual" which I would definitely agree with you.

This itself is interesting enough.

I've been on the inside of a few risk management systems, with hundreds of signals feeding into a scoring product.

Invariably, and justifiably from the data, there is a "Florida rule", which affects the user's final risk score by a few percent.

This is mostly old-school deterministic stuff with manual weighting, tweaked over years of time by people far away from (and with no particular opinions about) Florida. The newer mystery box AI stuff, trained on many years of data, also shows the same bias!

I'm sure there's a story in this data.

No doubt there is. The new story (and a story probably on-topic in the context of this discussion) is the quantity of financial arbitrage firms who have lately been relocating their employees and headquarters _to_ Florida.

Florida has no state income tax and has a homestead bankruptcy exception. Two huge reasons for high-risk traders to prefer living there.

Under Florida bankruptcy laws you are allowed to exempt an unlimited amount of value in your home or any other property which is covered by the homestead exemption.

Buy a $50 Million house. Fill it with expensive art. If you lose everything, at least you still have your $50M house filled with $500M in Artwork to fallback on.

This is why. It's a tax, retiree's, high-risk trader's, haven. The Florida bankruptcy laws are so lax that people often file multiple times throughout their lifetimes. And still run for president. /s To quote a man behind bars for attempted murder and was on a Netflix series - Florida's favorite - Tiger King: "I'm never gonna financially recover from this." is something you hear often in Florida. Both from visitors, and from residents.

You're probably right...I definitely don't think every single person and business is corrupt, I lived there for 2 years and enjoyed it even!

But as a swappa/eBay buyer and seller, it's hard to ignore trends I guess.

Wow this is the most bigoted thing ive seen here in a minute. But please, read up on 'sunshine laws' and why 'florida man' is just everyman, but with more state transperancy. Or don't. Wouldn't want to challenge your asinine biases, thats your own duty.

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