Earlier quoted context omitted.
> Because your customer, in so doing, is stealing from your other customers That's always going to be the case, though. Imagine you built software that helped businesses find customers. Using it the intended way they can realize a small number of new customer each day distributed across your customer base. Now, someone finds a new way to use your software in a manner that you never envisioned and they're attracting a…
You picked a very specific example of customer behaviour, with aspects of a zero sum game, that is by no means "always going to be the case". And yes it's a waste of time! If you want a fake credential then it's much cheaper and easier to just lie on your CV. It's not like many employers will check your certificates, at least not in software. I'd really rather people did that than waste my time first trying to teach…
It is, but an acceptable cost to keep the social pressures at bay. There are a lot of things in life that are ultimately wastes of time, but worthwhile to maintain a civil society. Such is life. If you are happy to escape to the deep woods away from all others where every moment of your time is purposeful, good on you.
> If you want a fake credential then it's much cheaper and easier to just lie on your CV.
What would that accomplish? The business world couldn't care less about your past achievements. They don't care that you performed in a play, rode a horse, swam in the ocean, or went to college. There is no value in even putting a legitimate degree accomplishment on your CV, let alone faking it. If anything, it detracts from your standing as it shows that you're so useless you couldn't come up with anything more relevant to share about yourself.
Instead, it is parental pressure that puts one into these schools when they otherwise shouldn't be. And those parents will turn up at your graduation. Once you've thrown your cap in the air, so to speak, nobody will ever think about it ever again. Getting to that one moment in time is the so called hoops that one is cheating for.