Why would they get compensated for? That seems to me like its a bailout like our government likes to do in the USA. be responsible with your own investments I say. you make a bad choice no one else should have to pay for it.
You are viewing a single comment's thread from:
Why are people so quick to compare things that happen on steemit to things that governments do? They are nothing alike allow me to explain.
Bank bailout = Theft
Compulsory participation paid for with taxes to socialize the risk taken by banks.
Bellyrubbank bailout = Anarchism
Voluntary participation where individuals help out other individuals because they felt it was the right thing to do without anyone making them do it.
This is exactly what I meant, but my English is too weak to express that. Thank you @randystiefer - you completely got spoke what I was thinking about.
I know it's controversial but it was only @neoxian initiative, nothing more. No one from the list of victims asks for this generous act of goodwill. Anyone can do whatever they want with their tokens, so if it's their choice to make compensations, no one should criticize it. From my site, I thank all the donators from the bottom of my heart.
A bailout is only wrong when an organization like the federal government uses funds belonging to other people to bail out victims. That's involuntary redistribution of wealth. A free market will never prevent voluntary bailouts.