Honestly speaking, it's hard to relate to those crypto because they're still small in "comparison" to our bread and butter companies scattered around the globe. And I don't see how they've contributed much to the economy, unlike those in the aviation, construction, etc industries... you get the gist.
Good or bad, there are people working to feed their families.
Topic: Bailing out companies (Read 102 times)
The cigarette example is bad because that's just your opinion. There are a lot of people who do not consider this something bad.
The virus will kill those with weak respiratory systems. After all is said and done, there will be less smokers/vapers in the world.
Why did you decide that your understanding of good and bad things does not contradict the understanding of other people? How did you get the idea that what you think is good will not be something bad for someone else? Bring some clarity and uncover these concepts properly.
The cigarette example is bad because that's just your opinion. There are a lot of people who do not consider this something bad.
The cigarette example is bad because that's just your opinion. There are a lot of people who do not consider this something bad.
Some will say "if the bad companies are allowed to "go", our economic growth will reduce"
Well, a good/perfect society should base its economy on the health, happiness, satisfaction, good behavior etc, of its people, and environment. GOD should be pleased with the society too otherwise it is still at risk.
If the world economic growth metrics keeps a society from doing the "right thing", the society should ofcourse change the metrics or stop relying/using it.
✳This too is applicable to crypto or decentralized communities.
Well, a good/perfect society should base its economy on the health, happiness, satisfaction, good behavior etc, of its people, and environment. GOD should be pleased with the society too otherwise it is still at risk.
If the world economic growth metrics keeps a society from doing the "right thing", the society should ofcourse change the metrics or stop relying/using it.
✳This too is applicable to crypto or decentralized communities.
I think it's OK to bail out the good ones.
They are not really responsible for the current problem in societies, though they should have anticipated such disaster and planned properly ahead.
Besides, the bailing out will save alot of jobs and families that depend on the companies.
I wouldn't bail out companies/businesses that produces bad things... Example: cigarettes companies, businesses that make/sell bad foods... basically companies that produce things that harm societies
Lest I forget:
I don't really like the idea of handing cash to people and leaving them to do nothing. They should be given the cash and be encouraged to work or provide values for societies. Any work or value they provide should be good and helpful to others. This is when governments step in and handout more "free" cash. Besides, instead of handing the cash, why not give that amounts to businesses that provide basic things(good things) that can sustain people during a crisis. People can just go there and get those things for free when they need them till the crisis is over.
✳This is applicable to crypto or decentralized communities in time of serious crisis
They are not really responsible for the current problem in societies, though they should have anticipated such disaster and planned properly ahead.
Besides, the bailing out will save alot of jobs and families that depend on the companies.
I wouldn't bail out companies/businesses that produces bad things... Example: cigarettes companies, businesses that make/sell bad foods... basically companies that produce things that harm societies
Lest I forget:
I don't really like the idea of handing cash to people and leaving them to do nothing. They should be given the cash and be encouraged to work or provide values for societies. Any work or value they provide should be good and helpful to others. This is when governments step in and handout more "free" cash. Besides, instead of handing the cash, why not give that amounts to businesses that provide basic things(good things) that can sustain people during a crisis. People can just go there and get those things for free when they need them till the crisis is over.
✳This is applicable to crypto or decentralized communities in time of serious crisis
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