You should tell the bank or else
What would you do if you woke up to an extra $1.2 million in your account? One woman found herself behind bars after allegedly spending the money her bank accidentally deposited in her account on a new house and car. Fair or foul?
No, Let’s suppose you start a business, you put blood, sweat, and tears into it, and it takes you 20 years to see the fruits of your labor, and now you’re a billionaire. would you want someone to steal your money after all that hard work, and how would they know if you are helping people or not?
There are lots of angles to this argument. I’m not so sure it was a good idea haha.
I think there are degrees of stealing. If I have a huge business of department stores, and on average 1% of goods is stolen every month. Something like that, I wouldn’t care.
But if I’m investing 10% of my entire portfolio with FTX, and then it’s just gone, poof, then I have a problem.
I think the tolerance level depends on the person.
But what IF the bank would never know? Would you still tell them in that scenario?
I think it depends on how well you can justify it to yourself. At what point do you just say ¨f*** it!¨ and keep the money?
That’s a problem, how would we know ahead of time that the bank would never find out, the lady that spent the 1.2 million probably thought the bank would never find out, now she’s in prison.
Imagine if it took a year for the bank to catch this mistake and the guy was able to transfer 5 billion offshore in the meantime
A Baton Rouge family got the shock of a lifetime when an enormous amount of money was mistakenly deposited into their bank account.
haha of course you’d never know, in reality.
I just meant as a hypothetical situation…
This is when you gotta start analyzing reality. The real way to get wealthy is not by stealing. Look at big pharma during COVID, and predatory lenders. Sure, there’s a fine to pay in the end, but that’s just the spread on the trade.
Best thing is to form a corporation or a religious group.
If you’re wishing for a bag of money to appear on your doorstep, you’d best quit your job and find something else.
The above pretty much sums it up, since you brought up big pharma, I’ll use your photo and names you use, to described the pharmaceutical industry.
Pastor - Big pharmaceutical companies.
Pastor wife - Doctors who prescribed the medicine
Deacon - Drugs stores where people go to get their prescription fill
Church Members - The Patients
you nailed it!!
Could you do the same with FTX as the pastor?
Or perhaps this model fails because Bankman got too greedy and reckless? But along the way people were making money. He may be in jail, but when he gets out, in 25 years or less, he’ll have some hidden money waiting for him.
I have a feeling he might enjoy jail, though…
It is rare for pastors to be indicted on criminal charges, but it does happen, but not often, and this is why I called Big Pharma the pastors. With crypto, you see a lot of retail guys getting indicted and the one big player Binance got ban from the U.S. In my opinion, FTX is the decon responsible for stealing the Church Members Offerings before it reached the pastor hands.
The church members would be all FTX clients who have deposited funds with the company
The pastors would be all the big financial institutions that got into the crypto business right around the time Binance was banned
I was about 10 years old when this happened and my mother doesn’t know how I remember it
It happens that our pastor died of old age. Having owned that church for 33 years, when he died, his grandson took over. During the winter, the church needed a new furnace because the furnace blew out within a week of him taking over, The new pastor passed the plate around telling the church members that he could get a new furnace for $3000, the entire congregation reached into their pockets for cash and even wrote checks. This pastor does this for about six weeks.
One sunday the new pastor pulls up to church with two new mink coats, one for his wife and one for him, as well as 30 day tags on a new Cadillac but still no furnance, the church closed its doors within four months of the new pastor taking over.