Earlier quoted context omitted.
It’s not that I want them to suffer, it’s that them being rewarded incentivizes suboptimal behavior and outcomes. Markets don’t work anymore. Which results in even more suffering.
> them being rewarded incentivizes suboptimal behavior and outcomes What if they're choosing correctly? Like, I've been pretty consistently critical of crypto. Yet I'm glad my index funds have to buy Coinbase.
Curious why? Its chart is a nightmare – up and down like a yo-yo. Not something I'd want to have to depend on.