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RE: Exploring Honesty: Opinions, Scams, Schemes and the Duality of how we Protect our Egos
In general that happens. But, things can go badly and it not be a scam, then it's our own fault for getting involved. And sometimes you get involved in scams, so you got involved, but it's still a scam... so the scam part if the fault of the scammers ;) We made the choice in either case to get into something that didn't work out, but in one case it was legit, and the other it was a scam. Not all investments work out, things happen. But when things are designed to never work out in a scam, then it's other people are to blame as well ;)
Oh yeah, sometimes it IS a scam.
But most scams tend to be pigs wearing lipstick; people put their faith in wishful thinking rather than reality. But I am also cynical and jaded, having studied and written about these things for 30-odd years. And not everything is "a scam;" some things "work" but are simply unsustainable because they are predicated on people behaving mindfully. That's more of a "misplaced idealism" issue...