The law is only fair if both parties are of equal financial standing and intellectual. Else, the smarter or richer will likely win regardless of actual case merits.
I find that making such a bet is risky and I also question the intention. The trader earns when the world "suffers"..? I just hope alternative energy takes off so much that oil becomes a legacy energy like coal.
Someone Is Betting That Oil Will Soar to a Record $200 a Barrel
While I understand the anger towards corporate investors who have been known to trample on little traders like us, these recent illogical bets worry me as well as they pull in investors with even less experience and expose them to potential losses too. Is it any different? Both groups are profiteering off innocent folks.
AMC Bet by Hedge Fund Unravels Thanks to Meme-Stock Traders
I keep viewing this as a trap for amateur investors, chasing the rise only to be burnt. Of course there will always be new investors, buying the hype. Not saying that people do nor make money off this but usually it's the same group.
Always felt that bitcoin is a gamble. To be clear, I "envy" those who made their fortunes speculating on crypto but I just do not have the finance and guts to jump in.
Bitcoin is headed toward its worst month since 2011; 'Rich Dad, Poor Dad' author says that's 'great news'