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Joined 1 year ago
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Cake day: July 11th, 2023

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  • They are protected from losses by their existing profitable market share ( in the billions) so it is unethical to use a tool created to help negate risk for those without the safety of an existing profitable market. There is an immense privilege in being the current dominant party in a market, and we live in a world that has put laws in place to protect companies who become the dominant party in a market instead of laws that equalize the market.

    If we were all playing this game as kids, what phillips is doing would be seen as totally unfair, so why is it okay now that we are adults?