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HyperVerse hedge fund CEO may not exist — Investigation finds no record of identity after collapse causing an estimated $1.3 billion in customer losses (arstechnica.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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HyperVerse hedge fund CEO may not exist — Investigation finds no record of identity after collapse causing an estimated $1.3 billion in customer losses::HyperVerse's collapse caused an estimated $1.3 billion in customer losses.

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[–] jmp242@sopuli.xyz 1 points 10 months ago (3 children)

You're not engaging with my actual argument that I know plenty of Capitalists who I would not classify as "scammers". The whole thing that started this was someone claiming that anyone who buys into capitalism is inherently a scammer. Clearly there's a difference between a con-artist and a regular employee at a company. There's an obvious difference between a scammer and a self employed person. Right there are 2 pretty hard to argue examples that people who buy into capitalism aren't inherently scamming anyone.

[–] msage@programming.dev 2 points 10 months ago (2 children)

No, no no no.

Employees are not capitalist, they are the victims and prisoners, but not 'proud capitalists'. They got 0 choice in the matter and can't escape it for their lives.

Just no.

Self-employed is also a very icky subject specially in current gig economy boom. Ask anyone participating in Amazon, Uber, Wolt etc how great it is to be self-employed. You might also be surprised.

We (as a society) like to pretend everything is going great, but even the on-the-surface rich people are on the verge of bankrupcy. And these are the top 10%. The 90% is just done, they will never own anything.

So the west (your employees and self-employed people) got scammed hard, the rest got walked over, and robbed for everything. That's capitalism.

Only the richest feel great, those who don't have to work every day for the fear of losing their roof and meals. But everyone else got scammed. And even the rich will find out, that you can't eat money.

[–] jmp242@sopuli.xyz 1 points 10 months ago (1 children)

You seem to be using a different definition of capitalist than I am familiar with. Maybe to you capitalist == con artist, which is an interesting definition but not one I've heard before.

[–] msage@programming.dev 0 points 10 months ago

Capitalist - someone who believes capital is the only measure of wealth and power. Also that capital is more important than people.